BITCOIN SIGNAL: BUYERS ATTEMPT TO RECLAIM $81,500
Bitcoin is trading around $81,163 on Binance, showing a modest 0.11% gain over the past 24 hours. BTC has traded between $80,126 and $81,497 during the period, with more than $920 million in 24 hour turnover.
Short term momentum has improved after BTC recovered from the $80,126 area and returned above $81,000. Recent hourly candles show buyers stepping back in after the earlier decline, although price remains below the $81,500 area that has acted as immediate resistance.
The current structure keeps $81,500 as an important upside level. A sustained move above that area could strengthen short term momentum and open the way toward higher levels. On the downside, $80,800 and $80,126 remain important areas to monitor if selling pressure returns.
SIGNAL: NEUTRAL TO BULLISH ABOVE $81,000
Confirmation would come from a sustained breakout above $81,500, while a decisive move below $80,800 would weaken the current short term structure.
#BTC Price Analysis# $BTC
Bitcoin is trading around $81,163 on Binance, showing a modest 0.11% gain over the past 24 hours. BTC has traded between $80,126 and $81,497 during the period, with more than $920 million in 24 hour turnover.
Short term momentum has improved after BTC recovered from the $80,126 area and returned above $81,000. Recent hourly candles show buyers stepping back in after the earlier decline, although price remains below the $81,500 area that has acted as immediate resistance.
The current structure keeps $81,500 as an important upside level. A sustained move above that area could strengthen short term momentum and open the way toward higher levels. On the downside, $80,800 and $80,126 remain important areas to monitor if selling pressure returns.
SIGNAL: NEUTRAL TO BULLISH ABOVE $81,000
Confirmation would come from a sustained breakout above $81,500, while a decisive move below $80,800 would weaken the current short term structure.
#BTC Price Analysis# $BTC