$BTC Bitcoin is holding above $82,000 with a 1.28% daily gain and $12.23 billion in 24-hour volume. Its position above the 20-, 50-, and 200-day moving averages supports the supplied bullish structure. Lower perpetual open interest suggests less leverage than in previous weeks, while $82,951 remains the key intraday breakout trigger. However, a failed breakout could send BTC back toward psychological support at $80,000.
š Bias: Bullish above $82,000 | šÆ Entry: $82,100ā$82,400 | š” Support: $81,000 / $80,000 | š§ Resistance: $82,951 / $83,396 | šÆ Targets: $83,000 / $83,396 / $85,000 | ā Invalidation: Close below $80,000
Strategy: Consider entry after a sustained hourly close above $82,951, or a confirmed hold within the entry zone. Watch for rejection near $83,000 and manage downside risk carefully.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare
š Bias: Bullish above $82,000 | šÆ Entry: $82,100ā$82,400 | š” Support: $81,000 / $80,000 | š§ Resistance: $82,951 / $83,396 | šÆ Targets: $83,000 / $83,396 / $85,000 | ā Invalidation: Close below $80,000
Strategy: Consider entry after a sustained hourly close above $82,951, or a confirmed hold within the entry zone. Watch for rejection near $83,000 and manage downside risk carefully.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare