$BTC REJECTED AGAIN ... BEARS STILL CONTROL THE SHORT TERM
Bitcoin once again failed to sustain the recovery and rejected from the 84.0K–84.5K resistance area. Sellers are still active, and price is now back near 82.8K.
The structure remains short-term bearish as long as BTC stays below that resistance zone.
Key Resistance: 84.5K–85.0K
Immediate Support: 82.0K–82.4K
Major Support: 80.0K–80.8K
The long lower wicks near the support area show buyers are still waiting below, so I would not chase shorts aggressively into support either.
For now, the best approach is patience. If 82.3K breaks, BTC can retest the 81K area. If buyers reclaim 84.5K, the bearish setup weakens.
Resistance rejected again. Market still resetting. Wait for the next clean confirmation before heavy longs.
Trade on $BTC
Bitcoin once again failed to sustain the recovery and rejected from the 84.0K–84.5K resistance area. Sellers are still active, and price is now back near 82.8K.
The structure remains short-term bearish as long as BTC stays below that resistance zone.
Key Resistance: 84.5K–85.0K
Immediate Support: 82.0K–82.4K
Major Support: 80.0K–80.8K
The long lower wicks near the support area show buyers are still waiting below, so I would not chase shorts aggressively into support either.
For now, the best approach is patience. If 82.3K breaks, BTC can retest the 81K area. If buyers reclaim 84.5K, the bearish setup weakens.
Resistance rejected again. Market still resetting. Wait for the next clean confirmation before heavy longs.
Trade on $BTC