$BTC Still Needs to Clear $81.8K Before Bulls Can Relax
Bitcoin’s rally looks strong, but one major level is still standing in the way. Analyst VirtualBacon says BTC needs a weekly close above the $81,822 50-week average before the broader trend can be called decisively bullish.
Bitcoin is currently trading around $77,030, while the total crypto market sits near $2.7T and $BTC dominance remains around 59.3%. Until that $81.8K level is reclaimed, the breakout is not fully confirmed yet.
#BTC #Bitcoin
Bitcoin’s rally looks strong, but one major level is still standing in the way. Analyst VirtualBacon says BTC needs a weekly close above the $81,822 50-week average before the broader trend can be called decisively bullish.
Bitcoin is currently trading around $77,030, while the total crypto market sits near $2.7T and $BTC dominance remains around 59.3%. Until that $81.8K level is reclaimed, the breakout is not fully confirmed yet.
#BTC #Bitcoin
