$BTC #BTC

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.

  • $BTC

    BTC
    BTC
    82,892.27
    +1.39%