$BTC
A look at Bitcoin:
Price is trading at $80,836 amid an expected correction.
There are two main scenarios for reaching the target range ($88,000–$90,000):
Yellow: A direct rebound from the $80,364 support level.
Orange: A deeper correction toward the demand zone at $76,040 for strong accumulation before the next move up.
The overall trend is bullish, and the opportunities are ideal.
Now:
Price has surpassed $83,542 (+2.51%),
representing a positive scenario with a direct rebound from the previous support zones.
This is supported by a positive alignment, and although the Relative Strength Index (RSI) has reached overbought territory at 79.31, which could lead to a slight cooldown,
strong momentum and trading volume exceeding $1.12 billion are clearly paving the way toward the desired targets of $88,000–$90,000.
#BTC
#bitcoin
A look at Bitcoin:
Price is trading at $80,836 amid an expected correction.
There are two main scenarios for reaching the target range ($88,000–$90,000):
Yellow: A direct rebound from the $80,364 support level.
Orange: A deeper correction toward the demand zone at $76,040 for strong accumulation before the next move up.
The overall trend is bullish, and the opportunities are ideal.
Now:
Price has surpassed $83,542 (+2.51%),
representing a positive scenario with a direct rebound from the previous support zones.
This is supported by a positive alignment, and although the Relative Strength Index (RSI) has reached overbought territory at 79.31, which could lead to a slight cooldown,
strong momentum and trading volume exceeding $1.12 billion are clearly paving the way toward the desired targets of $88,000–$90,000.
#BTC
#bitcoin