$BTC has moved above the 82,000 level, currently at 82,314.88.
Near key price levels, I usually look at three things:
① Closing price: An intraday touch doesn’t count; it’s a genuine breakout only if the market closes above 82,000.
② Retest: Can it hold near 82,000 during a pullback? If it does, that confirms the level has flipped to support.
③ Volume: Did trading volume increase during the breakout? Breakouts on low volume are more likely to be false.
Near key price levels, I usually look at three things:
① Closing price: An intraday touch doesn’t count; it’s a genuine breakout only if the market closes above 82,000.
② Retest: Can it hold near 82,000 during a pullback? If it does, that confirms the level has flipped to support.
③ Volume: Did trading volume increase during the breakout? Breakouts on low volume are more likely to be false.