Bitcoin analysis over the last 24 hours – Has the new rally begun?
Bitcoin experienced strong movement and rapid fluctuations over the past 24 hours after its price approached the $82,000 level. The market saw clear buying pressure, particularly following increased interest from institutional investors and a return of optimism within the cryptocurrency market. Currently, BTC is trading between $80,000 and $82,300, with a significant increase in trading volume. This indicates that the market is still active and that there is still strong demand for the world's leading cryptocurrency. Some analysts consider holding above $80,000 a positive sign in the short term. Technically, if Bitcoin manages to break through the $82,500 level and hold above it, we could see an attempt to rise towards $85,000 in the coming days. However, if the $79,500 support is lost, a correction may occur again.