$BTC /USDT: Sellers Lost Momentum, But Bulls Still Need Confirmation
Bitcoin has dropped sharply from the $86,999 region to a low near $80,393 on the 4H chart. After the heavy sell-off, price recovered and is now consolidating around $83,076.
The short-term rebound shows buyers are stepping in, but the broader chart structure remains under pressure. A break above nearby resistance could support further recovery, while rejection may bring sellers back into control.
BTC/USDT — LONG SETUP
EP (Entry Price): $82,800–$83,000
TP1: $83,500
TP2: $84,000
TP3: $84,400
SL (Stop Loss): $82,400
WATCH THE NEXT BREAKOUT
Bitcoin is holding above its recent rebound area, but buyers need to push through resistance to strengthen the bullish case.
If price loses the entry support, the long setup weakens. Wait for confirmation and manage risk carefully.
Watch the key levels before making your next move with $BTC /USDT — ChainBanter.
Bitcoin has dropped sharply from the $86,999 region to a low near $80,393 on the 4H chart. After the heavy sell-off, price recovered and is now consolidating around $83,076.
The short-term rebound shows buyers are stepping in, but the broader chart structure remains under pressure. A break above nearby resistance could support further recovery, while rejection may bring sellers back into control.
BTC/USDT — LONG SETUP
EP (Entry Price): $82,800–$83,000
TP1: $83,500
TP2: $84,000
TP3: $84,400
SL (Stop Loss): $82,400
WATCH THE NEXT BREAKOUT
Bitcoin is holding above its recent rebound area, but buyers need to push through resistance to strengthen the bullish case.
If price loses the entry support, the long setup weakens. Wait for confirmation and manage risk carefully.
Watch the key levels before making your next move with $BTC /USDT — ChainBanter.