Bitcoin is at an interesting point right now. đ
$BTC recently pushed above $81K before pulling back, and it is now trading around the $79Kâ$80K area.
The next major level Iâm watching is around $82.8K. Reuters identified the May high near $82,793 as an important resistance area.
If Bitcoin can break above that zone and hold it, the bullish structure could become stronger.
But there is another side to the story.
A rejection could bring attention back to lower support levels. Reuters highlighted roughly $75.7K and $71.8K as important levels to watch if downside pressure increases.
So for me, this is not a âbuy or sell nowâ situation.
Itâs a confirmation game. đ
Iâd rather wait for the market to show its direction than chase a move based on emotion.
What do you think? đ
đą BTC breaks $82.8K
đŽ BTC gets rejected again
Share your view in the comments.