Current price: ~$83,898
Trend: 🔴 Bearish in the short term
BTC is trading below the MA(7), MA(25), and MA(99), showing strong selling pressure.
Support: $83,577 → $83,400
Resistance: $84,100 → $84,800 → $85,400–85,650
If $83,577 breaks, BTC could move lower.
If BTC recovers above $84,100 and holds, a short-term bounce is possible.
Overall: Short-term bias is DOWN 🔴, with $83,577 being the key support.
$BTC
Trend: 🔴 Bearish in the short term
BTC is trading below the MA(7), MA(25), and MA(99), showing strong selling pressure.
Support: $83,577 → $83,400
Resistance: $84,100 → $84,800 → $85,400–85,650
If $83,577 breaks, BTC could move lower.
If BTC recovers above $84,100 and holds, a short-term bounce is possible.
Overall: Short-term bias is DOWN 🔴, with $83,577 being the key support.
$BTC