$BTC stuck in no man's land between $81.5K support and $83.5K resistance. Currently at $82,481.
50 MA: $82,344
200 MA: $83,038
Price sandwiched between both. $83K–$83.5K is the wall bulls need to crack.
Volume tells the story: September rally to $87K had conviction. Recent bounce? Weak hands. No follow-through.
Break $83.5K with volume → $85K then $87K in play.
Lose $81.5K → straight to $79.5K.
Right now it's a coin flip. Bulls need to show up with size or bears will force another flush. Watch the volume.
50 MA: $82,344
200 MA: $83,038
Price sandwiched between both. $83K–$83.5K is the wall bulls need to crack.
Volume tells the story: September rally to $87K had conviction. Recent bounce? Weak hands. No follow-through.
Break $83.5K with volume → $85K then $87K in play.
Lose $81.5K → straight to $79.5K.
Right now it's a coin flip. Bulls need to show up with size or bears will force another flush. Watch the volume.