Updated based on your new 1D chart - this is a bigger picture than yesterday:
$BTC $82,631 (+$515 / +0.63%) - 1D Analysis*
- *Trend:* Strong uptrend since July from $60k base = +37.7% gain. Yesterday's drop to $81,180 was just a pullback, now bouncing.
- *Your levels on chart:*
- Support 1: $75k-$78k (blue) - primary demand, holding
- Support 2: $62k-$64k - historical base
- Resistance 1: $83k-$87k (pink) - immediate supply, testing now
- Resistance 2: $95k-$96k - next major target
- *Now:* Price $82,631 trying to break $83k-87k resistance. Hold above = opens path to $96k. RSI 58 neutral-bullish, volume above avg, sentiment positive.
- *Risk:* Rejection at $83k-87k could send back to $75k-78k support. Must hold $75k for rally to continue.
Much stronger on daily vs 5m dip last night
#CFTCAdvancesVoluntaryRegCAMFramework #ZcashNU7ProposalWouldFreezeSproutSpending #KOSPIOpens3.17%Lower #GrayscaleAndRepublicLaunchThreeCryptoFunds .
$BTC $82,631 (+$515 / +0.63%) - 1D Analysis*
- *Trend:* Strong uptrend since July from $60k base = +37.7% gain. Yesterday's drop to $81,180 was just a pullback, now bouncing.
- *Your levels on chart:*
- Support 1: $75k-$78k (blue) - primary demand, holding
- Support 2: $62k-$64k - historical base
- Resistance 1: $83k-$87k (pink) - immediate supply, testing now
- Resistance 2: $95k-$96k - next major target
- *Now:* Price $82,631 trying to break $83k-87k resistance. Hold above = opens path to $96k. RSI 58 neutral-bullish, volume above avg, sentiment positive.
- *Risk:* Rejection at $83k-87k could send back to $75k-78k support. Must hold $75k for rally to continue.
Much stronger on daily vs 5m dip last night
#CFTCAdvancesVoluntaryRegCAMFramework #ZcashNU7ProposalWouldFreezeSproutSpending #KOSPIOpens3.17%Lower #GrayscaleAndRepublicLaunchThreeCryptoFunds .