$BTC is trying to hold its recovery, but the next resistance test will tell us whether buyers still have control.
Bitcoin bounced from $80,393 and climbed to $83,529 before facing rejection. Now the price is back near $82,489, with the latest hourly candles showing sellers applying pressure.
The structure is still worth watching because BTC remains above its hourly Supertrend at $81,884. The key is whether that support is held during this pullback.
Levels that matter:
Immediate support: $82,300–$82,500
Key support: $81,850–$81,900
Major support: $81,300–$81,000
Resistance: $82,680–$83,000
Breakout level: $83,529
If BTC reclaims $83,000 and clears the recent high, a move toward $84,000–$84,400 becomes possible. If the $81,884 Supertrend support fails, the $81,300 area and potentially $80,400 come back into focus.
The order book currently shows heavier visible bids, but that can change quickly. I’d focus on price confirmation rather than relying on that snapshot.
My take: BTC is at a decision point. Hold $81.9K and reclaim $83K, and the recovery stays in play. Lose support, and the bounce risks fading.
#Write2Earn #BTC
Bitcoin bounced from $80,393 and climbed to $83,529 before facing rejection. Now the price is back near $82,489, with the latest hourly candles showing sellers applying pressure.
The structure is still worth watching because BTC remains above its hourly Supertrend at $81,884. The key is whether that support is held during this pullback.
Levels that matter:
Immediate support: $82,300–$82,500
Key support: $81,850–$81,900
Major support: $81,300–$81,000
Resistance: $82,680–$83,000
Breakout level: $83,529
If BTC reclaims $83,000 and clears the recent high, a move toward $84,000–$84,400 becomes possible. If the $81,884 Supertrend support fails, the $81,300 area and potentially $80,400 come back into focus.
The order book currently shows heavier visible bids, but that can change quickly. I’d focus on price confirmation rather than relying on that snapshot.
My take: BTC is at a decision point. Hold $81.9K and reclaim $83K, and the recovery stays in play. Lose support, and the bounce risks fading.
#Write2Earn #BTC