$BTC slipped below $84K and $82.5K and is now at $81,730, -2% in 24h. The day's range was $80,460-$83,430.
Key levels:
Support: $80,500, then $80,000
Resistance: $82,500, then $84,000
Market snapshot:
$ETH : $2,471 (-4%)
Nasdaq: -1.25%, crude oil up 3% to $91. Risk assets are under pressure
Watching today:
Does $80.5K hold? A break opens $80K and possibly lower
A reclaim of $82.5K would signal the dip was a shakeout
Volume on the bounce, since a weak bounce usually fails
Previous support turns into resistance, so be careful about buying early. Wait for confirmation and size your risk.
Do you see $80K holding, or lower first? đ
Not financial advice.
Key levels:
Support: $80,500, then $80,000
Resistance: $82,500, then $84,000
Market snapshot:
$ETH : $2,471 (-4%)
Nasdaq: -1.25%, crude oil up 3% to $91. Risk assets are under pressure
Watching today:
Does $80.5K hold? A break opens $80K and possibly lower
A reclaim of $82.5K would signal the dip was a shakeout
Volume on the bounce, since a weak bounce usually fails
Previous support turns into resistance, so be careful about buying early. Wait for confirmation and size your risk.
Do you see $80K holding, or lower first? đ
Not financial advice.