$BTC: $83,000 IS THE KEY LEVEL
Bitcoin is caught between two important liquidity zones:
- Resistance: $87,000, where sell orders are concentrated.
- Support: $80,000–$81,000, a zone with buying interest.
- Decisive level: $83,000.
If BTC holds above $83,000, it could try to move toward $87,000. If it loses that level, the likelihood of a drop toward $80,000–$81,000 would increase.
Everything will depend on the price reaction and market confirmations.
Which scenario do you think is more likely: BTC at $87,000 or a drop toward $80,000?
Follow my posts for more market analysis and signals.
$BTC
Bitcoin is caught between two important liquidity zones:
- Resistance: $87,000, where sell orders are concentrated.
- Support: $80,000–$81,000, a zone with buying interest.
- Decisive level: $83,000.
If BTC holds above $83,000, it could try to move toward $87,000. If it loses that level, the likelihood of a drop toward $80,000–$81,000 would increase.
Everything will depend on the price reaction and market confirmations.
Which scenario do you think is more likely: BTC at $87,000 or a drop toward $80,000?
Follow my posts for more market analysis and signals.
$BTC