$BTC
$BTC
Quick Bitcoin analysis on the 4-hour timeframe
Current price: 85,915
24-hour high: 86,976
24-hour low: 84,910
Price is above the 200-day moving average at 81,224
The overall trend has been upward from the low of 75,600
Resistance
87,385 — range high
A breakout above it opens the way to the 88,000 area
Support
85,383
84,910
82,800 — strong support if the price drops
Price is currently moving between 82,800 and 87,385, near the top of the range.
Most likely, it will move sideways until it breaks through one of the two boundaries 👌
Good luck, everyone 👍
Manage your risk; use low leverage
$BTC
Quick Bitcoin analysis on the 4-hour timeframe
Current price: 85,915
24-hour high: 86,976
24-hour low: 84,910
Price is above the 200-day moving average at 81,224
The overall trend has been upward from the low of 75,600
Resistance
87,385 — range high
A breakout above it opens the way to the 88,000 area
Support
85,383
84,910
82,800 — strong support if the price drops
Price is currently moving between 82,800 and 87,385, near the top of the range.
Most likely, it will move sideways until it breaks through one of the two boundaries 👌
Good luck, everyone 👍
Manage your risk; use low leverage
