,,✨Bismillah-ir-Rahman-ir-Rahim (In the name of Allah, the Most Gracious, the Most Merciful)✨
🌄Good morning, Binance Square family! Starting the day with faith and sharp focus, let’s dive into the morning technical update for Bitcoin ($BTC
/USDT).
$BTC is currently trading at $81,178.63, showing a +1.60% green recovery in the last 24 hours as bulls step in to defend lower structural supports. After bouncing from the local demand floor at $79,220.74, Bitcoin is fighting its way back upward.
📊 Technical Analysis & Core Indicators:
* Price Action & 24h Range: BTC printed a 24-hour low of $79,506.00 before pushing upward to test an intraday peak of $81,300.00. Volume remains active with 12,703.27 BTC traded over the last day.
* Moving Average Cluster:
* MA(7): Positioned closely at $80,949.86, which price has successfully crossed back above, signaling a positive short-term momentum shift.
* MA(25): Sits at $82,457.46, serving as the primary overhead resistance target for the bulls.
* MA(99): Resting lower at $78,062.48, maintaining the broader structural baseline.
💡 Trade Setup & Key Scenarios:
* Bullish Reclaim Scenario (Continuation):
If bulls can sustain momentum and break firmly above the $81,500 – $82,457 (MA25) resistance cluster, expect an accelerated push toward mid-range targets.
* Pullback / Re-test Scenario:
If the morning rally encounters heavy selling pressure near the daily highs, watch for a healthy re-test of the $80,875 (AVL) to $80,949 (MA7) support zone to maintain bullish structure.
👇 Community Discussion:
With $BTC pushing back above $81.1K this morning, are we heading straight to retest the MA(25) at $82.4K, or will we see another sweep of the lows? Drop your morning trades below! 👇
📌 Follow @Ashi Noor | Analyst for daily high-impact technical analysis and market alpha!
#Write2Earn #BinanceSquare #Bitcoin #BTC #TechnicalAnalysis #CryptoTrading $[BTC]
🌄Good morning, Binance Square family! Starting the day with faith and sharp focus, let’s dive into the morning technical update for Bitcoin ($BTC
/USDT).
$BTC is currently trading at $81,178.63, showing a +1.60% green recovery in the last 24 hours as bulls step in to defend lower structural supports. After bouncing from the local demand floor at $79,220.74, Bitcoin is fighting its way back upward.
📊 Technical Analysis & Core Indicators:
* Price Action & 24h Range: BTC printed a 24-hour low of $79,506.00 before pushing upward to test an intraday peak of $81,300.00. Volume remains active with 12,703.27 BTC traded over the last day.
* Moving Average Cluster:
* MA(7): Positioned closely at $80,949.86, which price has successfully crossed back above, signaling a positive short-term momentum shift.
* MA(25): Sits at $82,457.46, serving as the primary overhead resistance target for the bulls.
* MA(99): Resting lower at $78,062.48, maintaining the broader structural baseline.
💡 Trade Setup & Key Scenarios:
* Bullish Reclaim Scenario (Continuation):
If bulls can sustain momentum and break firmly above the $81,500 – $82,457 (MA25) resistance cluster, expect an accelerated push toward mid-range targets.
* Pullback / Re-test Scenario:
If the morning rally encounters heavy selling pressure near the daily highs, watch for a healthy re-test of the $80,875 (AVL) to $80,949 (MA7) support zone to maintain bullish structure.
👇 Community Discussion:
With $BTC pushing back above $81.1K this morning, are we heading straight to retest the MA(25) at $82.4K, or will we see another sweep of the lows? Drop your morning trades below! 👇
📌 Follow @Ashi Noor | Analyst for daily high-impact technical analysis and market alpha!
#Write2Earn #BinanceSquare #Bitcoin #BTC #TechnicalAnalysis #CryptoTrading $[BTC]
