BTC/USDT â Binance Square đ
Bitcoin is trading around $83,405 on the 12H chart after rejection from the $87,385 area. Price is now testing an important support zone, while RSI(6) near 30.6 shows short-term momentum has weakened.
đą Support: $82,500â$82,700
đą Major Support: $81,500â$81,600
đŽ Resistance: $85,250â$85,650
đŽ Major Resistance: $87,385
Chart view: Holding the $82.5K area could allow BTC to stabilize and retest $85Kâ$85.6K. A sustained break below support would make the $81.5K region important. Reclaiming $85.6K would improve the short-term structure.
The broader market is also watching macro pressure from yields and the U.S. dollar, which has recently weighed on Bitcoin. ïżœ
Barron's +1
â ïž Educational analysis only â crypto prices can move sharply in either direction.
#BTCUSDT #BinanceSquare #TechnicalAnalysiss #Support #resistance
Bitcoin is trading around $83,405 on the 12H chart after rejection from the $87,385 area. Price is now testing an important support zone, while RSI(6) near 30.6 shows short-term momentum has weakened.
đą Support: $82,500â$82,700
đą Major Support: $81,500â$81,600
đŽ Resistance: $85,250â$85,650
đŽ Major Resistance: $87,385
Chart view: Holding the $82.5K area could allow BTC to stabilize and retest $85Kâ$85.6K. A sustained break below support would make the $81.5K region important. Reclaiming $85.6K would improve the short-term structure.
The broader market is also watching macro pressure from yields and the U.S. dollar, which has recently weighed on Bitcoin. ïżœ
Barron's +1
â ïž Educational analysis only â crypto prices can move sharply in either direction.
#BTCUSDT #BinanceSquare #TechnicalAnalysiss #Support #resistance