#BTC Bitcoin hit a low of 78200 today and started to rebound. Currently, it seems the low has not yet been established. Those looking for medium to long-term positioning need to wait.
For now, we still need to see if the US stock market will continue to crash when it opens tonight. Short-term Bitcoin resistance levels are 81000, 81500, with key resistance at 83000. If it rebounds above 82000, we can focus on going long, with a stop loss at 83700 and take profit if it reaches the lower point around 76800. There is minor support at 79500 and 78000.
For now, we still need to see if the US stock market will continue to crash when it opens tonight. Short-term Bitcoin resistance levels are 81000, 81500, with key resistance at 83000. If it rebounds above 82000, we can focus on going long, with a stop loss at 83700 and take profit if it reaches the lower point around 76800. There is minor support at 79500 and 78000.