$đ BTC 4H Analysis: Recovery or Another Rejection?
Bitcoin has shown a strong recovery after dropping toward the $80,900 area. However, the bigger picture still needs confirmation.
đč Resistance: $83,800â$84,200
đč Near-term support: $82,800â$83,000
đč Major support: $80,900â$81,000
đ Bullish scenario: If BTC breaks above resistance and holds the level, the recovery could continue.
đ Bearish scenario: If price gets rejected and loses nearby support, another move lower remains possible.
đŻ My approach: Wait for confirmation instead of predicting the next move. Protect capital and avoid emotional decisions.
What matters next is how $BTC reacts around resistance.
#BTC #Bitcoin #CryptoAnalysis" #BinanceSquare
$BTC
Bitcoin has shown a strong recovery after dropping toward the $80,900 area. However, the bigger picture still needs confirmation.
đč Resistance: $83,800â$84,200
đč Near-term support: $82,800â$83,000
đč Major support: $80,900â$81,000
đ Bullish scenario: If BTC breaks above resistance and holds the level, the recovery could continue.
đ Bearish scenario: If price gets rejected and loses nearby support, another move lower remains possible.
đŻ My approach: Wait for confirmation instead of predicting the next move. Protect capital and avoid emotional decisions.
What matters next is how $BTC reacts around resistance.
#BTC #Bitcoin #CryptoAnalysis" #BinanceSquare
$BTC