$BTC a 81,200, will it test support at 80,840?
CriptoNoticias reported that Bitcoin ETFs erased their October losses with USD 1 billion.
Today, $BTC is trading at US$81,223, down 3.57% in 24 hours.
My take: the inflow of funds could rekindle interest, but the 4-hour trend remains bearish, and the RSI at 38.9 indicates selling pressure.
$ZEC (-8.2%) and $NEAR (-7.3%) are also moving. For BTC, key support levels are 80,840 and 79,800; resistance levels are 82,972 and 84,261. A close above 82,972 confirms a bullish scenario, while a drop below 80,840 invalidates the rebound.
Will it break 82,972 or return to 80,840? 🟢/🔴
#Bitcoin #ETF
This is not financial advice. Verify before investing.
CriptoNoticias reported that Bitcoin ETFs erased their October losses with USD 1 billion.
Today, $BTC is trading at US$81,223, down 3.57% in 24 hours.
My take: the inflow of funds could rekindle interest, but the 4-hour trend remains bearish, and the RSI at 38.9 indicates selling pressure.
$ZEC (-8.2%) and $NEAR (-7.3%) are also moving. For BTC, key support levels are 80,840 and 79,800; resistance levels are 82,972 and 84,261. A close above 82,972 confirms a bullish scenario, while a drop below 80,840 invalidates the rebound.
Will it break 82,972 or return to 80,840? 🟢/🔴
#Bitcoin #ETF
This is not financial advice. Verify before investing.
