$BTC /USDT – Potential Recovery or More Downside Ahead?

#BTC is currently trading at $82,446.84, reflecting a slight decline of -0.73% over the past 24 hours. The price tested a 24-hour high of $83,155.17 but faced strong resistance near $83,500, leading to a pullback that saw BTC drop to a low of $81,278.52. This recent bounce from the lows is an early sign of potential recovery, but the price remains below key resistance levels. The 24-hour trading volume for BTC remains high at 15,266.48 BTC, with USDT volume crossing $1.25B, suggesting that buyers are still actively defending lower levels.

Is This a Recovery Phase or More Downside to Come?

BTC’s current bounce suggests a potential recovery, but for a confirmed bullish reversal, it needs to reclaim the $83,500-$84,000 zone. A break above this resistance could push BTC toward $85,000+, signaling strong upward momentum. However, failure to sustain above the $82,000 level may invite further selling pressure, potentially dragging the price back toward $81,000 or lower. Traders should closely monitor these critical levels and use proper risk management to capitalize on potential moves in either direction.

Buy and Trade here on $BTC