$BTC đ BTC Update: Bitcoin Faces Selling Pressure!
BTC is trading around $81,689, showing a clear short-term downtrend on the chart. Price is below the MA60, indicating bearish momentum in this timeframe.
đŽ Resistance: $81,780 â $81,830
đą Support to watch: $81,650, then $81,500
đ Market sentiment: Bearish in the short term
If BTC breaks below the current support, further downside may follow. However, a recovery above resistance could signal a short-term bounce.
â ïž These are chart-based observations, not guaranteed price targets. Always manage your risk before trading.
What do you think â BTC to $81,000 or a bounce back above $82,000? đ
#bitcoin #BTC #CryptoAnalysis #BinanceSquare
BTC is trading around $81,689, showing a clear short-term downtrend on the chart. Price is below the MA60, indicating bearish momentum in this timeframe.
đŽ Resistance: $81,780 â $81,830
đą Support to watch: $81,650, then $81,500
đ Market sentiment: Bearish in the short term
If BTC breaks below the current support, further downside may follow. However, a recovery above resistance could signal a short-term bounce.
â ïž These are chart-based observations, not guaranteed price targets. Always manage your risk before trading.
What do you think â BTC to $81,000 or a bounce back above $82,000? đ
#bitcoin #BTC #CryptoAnalysis #BinanceSquare