$BTC at 81,209: Does it break 82,522 or fall to 79,474?

CryptoNoticias reports that Liquid aims to cover the 600 BTC shortfall within days following the recent exploit (1.7 hours ago).

$BTC is trading at US$81,209, with a 24-hour range between US$80,397 and US$81,823. $PEPE (+11.1%) and $BNB (+2.4%) are also moving.

My take: If the shortfall is reduced, we could see slight upward pressure, but there’s no confirmation yet and the market remains range-bound.

Key support levels are 80,792 and 79,474; if the price breaks below 80,792, it invalidates the bullish scenario and opens the way to support at 79,474. On the other hand, immediate resistance is at 82,522, with the next level at 84,898; a close above 82,522 would keep the prospect of a rally toward 84,898 alive.

Does it break 82,522 or return to 79,474? 🟢/🔴

#Bitcoin #Liquid

This is not financial advice. Do your own research before investing.