🔴 $BTC · 1H
Price is $81,556 and $BTC remains below the averages that capped it earlier. $79,800 on the low side and $82,941 on the high side have contained the last three days. Price is roughly mid range here. Resistance sits 1.7% above and support 2.2% below. Averages have been ordered the same way for a long stretch now, with the 20 below the 50. Momentum is mid range with RSI at 46. The 24 hour range runs $80,809 to $81,850, and price is near the top of it. Volume is thin, around 0.6x the recent average, so moves here are easier to fade. Down 0.4% over 24 hours.
DYOR
$BTC #Crypto
Price is $81,556 and $BTC remains below the averages that capped it earlier. $79,800 on the low side and $82,941 on the high side have contained the last three days. Price is roughly mid range here. Resistance sits 1.7% above and support 2.2% below. Averages have been ordered the same way for a long stretch now, with the 20 below the 50. Momentum is mid range with RSI at 46. The 24 hour range runs $80,809 to $81,850, and price is near the top of it. Volume is thin, around 0.6x the recent average, so moves here are easier to fade. Down 0.4% over 24 hours.
DYOR
$BTC #Crypto