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#Bitcoin (#BTC) Technical Analysis – Binance
Current Price: $82,673.47 (-1.53%)
24H High: $84,140.98
24H Low: $81,134.66
Volume (BTC): 17,613.97 BTC
Volume (USDT): $1.45B
Market Overview
Bitcoin is currently trading around $82,673, showing a slight pullback after touching the $84,140 resistance level. The price remains within a strong uptrend, but short-term corrections are occurring as traders take profits.
Key Technical Indicators
✅ SAR (0.02, 0.2): $82,326.86 – The price is hovering close to this level, indicating potential support.
✅ Moving Averages (MA):
MA(5): $32.94K
MA(10): $28.39K
Short-term moving averages indicate that BTC remains bullish overall, with strong buying interest.
🎯 BTC Price Targets
🔵 Target 1: $85,500 – If Bitcoin breaks above $84,140 with strong volume, the next resistance level is around $85,500. A sustained push above this zone could trigger further upside momentum.
🟠 Target 2: $88,000 – A breakout past $85,500 could see BTC testing $88,000, a key psychological level and a possible area for short-term consolidation.
🔴 Target 3: $81,000 (Support Level) – If Bitcoin faces rejection and drops below $82,000, the next major support sits at $81,000. This could be an opportunity for buyers to enter before another bullish move.
Final Thoughts
Bitcoin remains in an uptrend, but traders should watch for short-term corrections. A break above $84,140 could push BTC toward $85,500 and $88,000, while a dip below $82,000 might lead to a test of $81,000 support. Stay updated and manage your risk accordingly!
📊 Trade Wisely | Not Financial Advice
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