The current Bitcoin ($BTC) market is staying steady in the range between $83,000 and $84,000, and we can see slight consolidation near the key resistance at $85,000.
๐ Key Levels to watch:
Support (support zone): You need to be able to hold around $83,000; if it drops below that, there is a chance it may fall further toward the $80,000โ$82,000 area.
Resistance (resistance zone): Only if price can break above $85,000 with strong volume will the short-to-mid term uptrend become more solid.
In a situation like this, since the market is not leaning either way and remains sideways, weโd like to encourage you to pay extra attention to risk management and use the DCA system for the long term.
๐ Key Levels to watch:
Support (support zone): You need to be able to hold around $83,000; if it drops below that, there is a chance it may fall further toward the $80,000โ$82,000 area.
Resistance (resistance zone): Only if price can break above $85,000 with strong volume will the short-to-mid term uptrend become more solid.
In a situation like this, since the market is not leaning either way and remains sideways, weโd like to encourage you to pay extra attention to risk management and use the DCA system for the long term.
