#BTC Update:
$BTC successfully held its major $80,000 horizontal demand zone after testing it multiple times, proving that buyers are aggressively defending this double-bottom base. Price action is now pushing upward directly into the intermediate resistance box around $82,500.
A clean 4-hour close and flip of this $82,500 level into support will clear the runway for $BTC to attack the ascending trendline and $85,000+ targets.
More importantly, once $BTC secures acceptance above this hurdle, it should relieve market-wide pressure and trigger a strong relief bounce across altcoins.
$BTC successfully held its major $80,000 horizontal demand zone after testing it multiple times, proving that buyers are aggressively defending this double-bottom base. Price action is now pushing upward directly into the intermediate resistance box around $82,500.
A clean 4-hour close and flip of this $82,500 level into support will clear the runway for $BTC to attack the ascending trendline and $85,000+ targets.
More importantly, once $BTC secures acceptance above this hurdle, it should relieve market-wide pressure and trigger a strong relief bounce across altcoins.