BITCOIN MARKET UPDATE: BTC DROPS 1.29% AS PRICE HOLDS ABOVE $82,000
Bitcoin is trading around $82,773.63 on Binance, down approximately 1.29% over the past 24 hours. BTC opened near $83,858.01, with selling pressure pushing the price below the $83,000 level.
During the past 24 hours, Bitcoin reached a high of $84,352 and a low of $81,033.66. The recovery from the daily low suggests buyers have stepped in, but the market still needs stronger momentum to reverse the short term weakness.
Binance has recorded approximately 14,520 BTC in 24 hour trading volume, representing more than $1.20 billion in total turnover.
Immediate resistance sits around $83,858, followed by $84,352. Support is near $82,000, with $81,033 as the key downside level to watch. A sustained recovery above $84,352 would improve the short term outlook, while a break below $81,033 could bring further selling pressure.
Bitcoin remains under short term pressure, and traders are watching whether buyers can defend the $81,000 to $82,000 support region.
#BTC Price Analysis# $BTC
Bitcoin is trading around $82,773.63 on Binance, down approximately 1.29% over the past 24 hours. BTC opened near $83,858.01, with selling pressure pushing the price below the $83,000 level.
During the past 24 hours, Bitcoin reached a high of $84,352 and a low of $81,033.66. The recovery from the daily low suggests buyers have stepped in, but the market still needs stronger momentum to reverse the short term weakness.
Binance has recorded approximately 14,520 BTC in 24 hour trading volume, representing more than $1.20 billion in total turnover.
Immediate resistance sits around $83,858, followed by $84,352. Support is near $82,000, with $81,033 as the key downside level to watch. A sustained recovery above $84,352 would improve the short term outlook, while a break below $81,033 could bring further selling pressure.
Bitcoin remains under short term pressure, and traders are watching whether buyers can defend the $81,000 to $82,000 support region.
#BTC Price Analysis# $BTC