$BTC ๐ Current trend
* MA5 = 85,225 โ the price is slightly below it, indicating a momentary slowdown.
* MA10 = 85,111
* MA20 = 84,959
* The MA5 > MA10 > MA20 alignment is still positive, so the short-term trend remains upward.
* After the sharp drop from 87,238 to 83,884, there was a clear recovery and the formation of gradually higher lows.
๐ด Key resistances
85,300โ85,350 โ the immediate and most important resistance now.
If it is broken and price holds above it:
* 85,500
* 86,000
* then 86,500 if momentum continues.
A breakout of 85,500 with a strong hourly close and high trading volume would be a better signal to continue the rise.
๐ข Supports
* 85,100โ85,000 โ very nearby support, and almost in line with MA10/MA20.
* 84,800โ84,900 โ important support.
* 84,500 โ stronger support.
* 83,884 โ the latest low, and breaking it will change the picture signif$BTC
* MA5 = 85,225 โ the price is slightly below it, indicating a momentary slowdown.
* MA10 = 85,111
* MA20 = 84,959
* The MA5 > MA10 > MA20 alignment is still positive, so the short-term trend remains upward.
* After the sharp drop from 87,238 to 83,884, there was a clear recovery and the formation of gradually higher lows.
๐ด Key resistances
85,300โ85,350 โ the immediate and most important resistance now.
If it is broken and price holds above it:
* 85,500
* 86,000
* then 86,500 if momentum continues.
A breakout of 85,500 with a strong hourly close and high trading volume would be a better signal to continue the rise.
๐ข Supports
* 85,100โ85,000 โ very nearby support, and almost in line with MA10/MA20.
* 84,800โ84,900 โ important support.
* 84,500 โ stronger support.
* 83,884 โ the latest low, and breaking it will change the picture signif$BTC