$BTC 15-Minute Chart Update ๐
Bitcoin is showing a strong V-shaped recovery on the 15-minute timeframe! After dipping to $82,775**, BTC has bounced back aggressively and is now trading at **$83,992, up +1.03% today.
Key Technical Levels:
๐ด Resistance: $84,381** (24h High)
๐ข Support: **$83,673 (MA7) / $83,243 (MA25)
My Analysis:
The price has successfully crossed above all three key moving averages โ MA(7) at 83,673, MA(25) at 83,243, and MA(99) at 83,322. This confirms a short-term bullish trend shift. Volume is also rising, indicating strong buyer interest.
However, the Order Book shows 97.57% sell pressure, which suggests that a short-term pullback is possible before the next leg up. If $BTC holds above $84,000**, the next target is **$84,381 and then $84,600.
Longer-Term View:
BTC is up +43.16% over 90 days and +23.34% over 180 days. The macro trend remains firmly bullish.
#BTC #Bitcoin #Crypto #BinanceSquare #Trading
Bitcoin is showing a strong V-shaped recovery on the 15-minute timeframe! After dipping to $82,775**, BTC has bounced back aggressively and is now trading at **$83,992, up +1.03% today.
Key Technical Levels:
๐ด Resistance: $84,381** (24h High)
๐ข Support: **$83,673 (MA7) / $83,243 (MA25)
My Analysis:
The price has successfully crossed above all three key moving averages โ MA(7) at 83,673, MA(25) at 83,243, and MA(99) at 83,322. This confirms a short-term bullish trend shift. Volume is also rising, indicating strong buyer interest.
However, the Order Book shows 97.57% sell pressure, which suggests that a short-term pullback is possible before the next leg up. If $BTC holds above $84,000**, the next target is **$84,381 and then $84,600.
Longer-Term View:
BTC is up +43.16% over 90 days and +23.34% over 180 days. The macro trend remains firmly bullish.
#BTC #Bitcoin #Crypto #BinanceSquare #Trading
