Current Status (1M view):
• Price: $83,975.60
• 24H Change: -0.64%
• 24H High / Low: $85,500.00 / $83,111.64
• Recent High: $109,588.00
• Support Zone: Around $83,000
• Resistance Zone: Around $85,500 to $89,000 (short-term)
Technical Insight:
• BTC is currently in a short-term consolidation after the huge run-up from around $15K to $109K.
• A correction is ongoing, as shown by the recent red candles and drop from the peak.
• However, long-term trend remains bullish, confirmed by 180D and 1Y gains.
Price Prediction:
Short-Term (1–2 Weeks):
• Dip range: $81,000 – $83,000
(Watch if BTC fails to hold $83K. If broken, could test $78K–$80K.)
• Peak range: $86,000 – $89,000
(If volume supports, price may push up to $89K but likely to face resistance before reclaiming $100K.)
Mid-Term (2–6 Weeks):
• If BTC holds $80K support and volume builds, expect a retest of $100K zone.
• Breaking and holding above $89K would be a strong bullish signal toward $105K–$110K.
