$BTC looks for support at 81K and eyes resistance at 82,871
$BTC looks for support above 81K after news that Brent crude hit its highest level since March, according to Cointelegraph.
The current price is US$81,632 (+0.34% over 24h), within the 81,048‑82,061 range, and the RSI is at 43.6, indicating selling pressure without clear oversold conditions.
My take: with oil boosting safe-haven appetite, the price could test resistance at 82,871; if it breaks through, the next ceiling would be 84,222. On the other hand, if it retests support at 80,933 and breaks below it, the downtrend would be confirmed, and we could see a drop toward 79,800.
$PEPE (+9.1%) and $ZEC (+3.8%) are also moving.
Will it break 82,871 or return to 80,933? 🟢/🔴
#Bitcoin #Oil #Binance
This is not financial advice. Do your own research before investing.
$BTC looks for support above 81K after news that Brent crude hit its highest level since March, according to Cointelegraph.
The current price is US$81,632 (+0.34% over 24h), within the 81,048‑82,061 range, and the RSI is at 43.6, indicating selling pressure without clear oversold conditions.
My take: with oil boosting safe-haven appetite, the price could test resistance at 82,871; if it breaks through, the next ceiling would be 84,222. On the other hand, if it retests support at 80,933 and breaks below it, the downtrend would be confirmed, and we could see a drop toward 79,800.
$PEPE (+9.1%) and $ZEC (+3.8%) are also moving.
Will it break 82,871 or return to 80,933? 🟢/🔴
#Bitcoin #Oil #Binance
This is not financial advice. Do your own research before investing.