$BTC 📉 BTC Update: Bitcoin Faces Selling Pressure!
BTC is trading around $81,689, showing a clear short-term downtrend on the chart. Price is below the MA60, indicating bearish momentum in this timeframe.
🔴 Resistance: $81,780 – $81,830
🟢 Support to watch: $81,650, then $81,500
📊 Market sentiment: Bearish in the short term
If BTC breaks below the current support, further downside may follow. However, a recovery above resistance could signal a short-term bounce.
⚠️ These are chart-based observations, not guaranteed price targets. Always manage your risk before trading.
What do you think — BTC to $81,000 or a bounce back above $82,000? 👇
#bitcoin #BTC #CryptoAnalysis #BinanceSquare
BTC is trading around $81,689, showing a clear short-term downtrend on the chart. Price is below the MA60, indicating bearish momentum in this timeframe.
🔴 Resistance: $81,780 – $81,830
🟢 Support to watch: $81,650, then $81,500
📊 Market sentiment: Bearish in the short term
If BTC breaks below the current support, further downside may follow. However, a recovery above resistance could signal a short-term bounce.
⚠️ These are chart-based observations, not guaranteed price targets. Always manage your risk before trading.
What do you think — BTC to $81,000 or a bounce back above $82,000? 👇
#bitcoin #BTC #CryptoAnalysis #BinanceSquare