BTC Analysis Today - $81,233 - Will the $80,428 Support Hold?
Current price: $81,233 (-0.60% today) Market cap: $1.64 trillion
Technical analysis - Latest data:
• Resistance: $82,648, 20-day average + broken trendline
• Critical support: $80,428, 50-day average - if it breaks, we head to $76,869
• RSI 46.85, below 50 = temporary bearish momentum, but still above oversold levels
• Liquidity: BTC funds withdrew $228M this week, after $2.39B in inflows previously
Two trading scenarios (for educational purposes only):
1. Bullish
Daily close above $82,648
First target: $84,000
Second target: $87,000 (October high)
Stop loss: below $80,428
2. Bearish
Break and close below $80,428
Target: $76,869, the 100-day average
Stop loss: above $82,648
Risk management plan:
Don't enter before confirmation, risk only 1-2%, and split your entry across two targets
Analyst outlook: Siebert Bank expects $175,000 as a bull-cycle target if $80,000 holds
$USTC
$LSK
$NMR
#BTC #Bitcoin #تحليل_العملات_الرقمية #BinanceSquare #تداول
Current price: $81,233 (-0.60% today) Market cap: $1.64 trillion
Technical analysis - Latest data:
• Resistance: $82,648, 20-day average + broken trendline
• Critical support: $80,428, 50-day average - if it breaks, we head to $76,869
• RSI 46.85, below 50 = temporary bearish momentum, but still above oversold levels
• Liquidity: BTC funds withdrew $228M this week, after $2.39B in inflows previously
Two trading scenarios (for educational purposes only):
1. Bullish
Daily close above $82,648
First target: $84,000
Second target: $87,000 (October high)
Stop loss: below $80,428
2. Bearish
Break and close below $80,428
Target: $76,869, the 100-day average
Stop loss: above $82,648
Risk management plan:
Don't enter before confirmation, risk only 1-2%, and split your entry across two targets
Analyst outlook: Siebert Bank expects $175,000 as a bull-cycle target if $80,000 holds
$USTC
$LSK
$NMR
#BTC #Bitcoin #تحليل_العملات_الرقمية #BinanceSquare #تداول