$BTC Market overview:
Neither of the two rebounds managed to hold. Yesterday afternoon, the price surged to 81,800 before pulling back to 80,355. Today it surged again to 81,759, then just now wicked down to 79,831. The highs have repeatedly approached 81,700–81,800, but each time the price has been quickly pushed back down. It is still moving back and forth within the 79,345–81,800 range. The lows have held just above 79K twice in a row, while the rebound has been capped near 81,800, suggesting that bullish recovery momentum is weakening. The 80,000 level has been tested repeatedly.
The price is still ranging between 79K and 82K. Keep an eye on these two levels!
Neither of the two rebounds managed to hold. Yesterday afternoon, the price surged to 81,800 before pulling back to 80,355. Today it surged again to 81,759, then just now wicked down to 79,831. The highs have repeatedly approached 81,700–81,800, but each time the price has been quickly pushed back down. It is still moving back and forth within the 79,345–81,800 range. The lows have held just above 79K twice in a row, while the rebound has been capped near 81,800, suggesting that bullish recovery momentum is weakening. The 80,000 level has been tested repeatedly.
The price is still ranging between 79K and 82K. Keep an eye on these two levels!
