The leading cryptocurrency is stuck in a narrow $81,000 – $82,500 range. Volatility has fallen, and the market is gathering strength.
🔍 Key levels
Support: $81,500 – $83,000. The buyers’ key line. If we fail to hold, we could drop to $79,800 – $81,000.
Resistance: $82,500 – $84,000. A move above this range could open the way to $85,000 – $86,000.
Indicators: The RSI is in neutral territory. Sharp moves are not expected without external triggers.
🛠 How to trade?
Trade the range: Buy near the lower support boundary and take profit near the upper local resistance levels.
Reduce leverage: Avoid high leverage—sharp false breakouts in either direction are possible to liquidate leveraged traders.
Wait for volume: Enter large positions only after a candle has convincingly closed outside the current range.
BTC82,892.27+1.39%
