#bitcoin #cryptotrading
Weekly BTC outlook: The $80,000–$83,000 zone will decide everything 😎
The main focus for the coming week is price action in the $80,000 range and around $83,000–$83,500.
If sellers push through the lower boundary, keep a close eye on CEX-DEX dynamics: a surge in selling followed by a buyback could offer local entry points. However, this week showed that buyers can stop sharp sell-offs but are completely unable to sustain a recovery. Sellers are gradually taking the initiative.
Without a return of genuine demand (as confirmed by spot flows), another test of $80,000 could be significantly more dangerous than previous ones.
$BTC
Weekly BTC outlook: The $80,000–$83,000 zone will decide everything 😎
The main focus for the coming week is price action in the $80,000 range and around $83,000–$83,500.
If sellers push through the lower boundary, keep a close eye on CEX-DEX dynamics: a surge in selling followed by a buyback could offer local entry points. However, this week showed that buyers can stop sharp sell-offs but are completely unable to sustain a recovery. Sellers are gradually taking the initiative.
Without a return of genuine demand (as confirmed by spot flows), another test of $80,000 could be significantly more dangerous than previous ones.
$BTC