$BTC
BTC Market Analysis:
The lower time frame has broken through the resistance at 83,800. For now, this can only be viewed as a strengthening rebound, with a chance of testing 0.618 or 0.8.
Watch the 84,444–86,000 range for short-term resistance. A breakout above this zone would strengthen the price action and could signal the end of the decline, followed by another move higher. Below, the key support to watch remains the round-number level of 80,000!
BTC Market Analysis:
The lower time frame has broken through the resistance at 83,800. For now, this can only be viewed as a strengthening rebound, with a chance of testing 0.618 or 0.8.
Watch the 84,444–86,000 range for short-term resistance. A breakout above this zone would strengthen the price action and could signal the end of the decline, followed by another move higher. Below, the key support to watch remains the round-number level of 80,000!