#BTCusdt 1d- According to the daily chart, potential reversal targets for a decline are 76-72k and there is also a possibility of a temporary spike to 70k. 1. General Outlook and Trend Analysis
• Current Price: 80,827.97 USDT (-4.58%)
• Main Trend: The bearish trend continues.
• Short-Term Outlook: The price is close to a critical support level and selling pressure is high.
2. Targets and Prices
Bullish Targets:
• First Target: 85,122.45 USDT (Nearest resistance level)
• Medium Target: 91,551.95 USDT (Important horizontal resistance)
#BTCusdt 1month-70k support and still a possibility of declines to 72-70k. BTC has so far dropped by %25 and declines of %33-40 are normal, no need to panic.
It can bounce from the 70-72k levels and make rises to 125-140k.
1. General Outlook and Trend Analysis
• Chart: Monthly time frame (1M)
• Current Price: 84,263.69 USD
• Main Trend: The long-term upward trend continues.
• Short-Term Outlook: Trying to make permanent closures above the important resistance level.