๐ #$BTC Shows Signs of Recovery
After a sharp drop, $BTC is bouncing back from the $83,949 support level, now trading around $84,414. While this is a positive sign, there are key levels to watch before it can break above $85,000:
Key Points to Watch
- Resistance Levels: $84,741 and $85,000 are the next hurdles to cross.
- Volume: Strong buying volume is needed for $BTC to push above $85K. So far, momentum looks stable but not strong.
- Past Rejections: Sellers have been active around $85,248โ$85,677 in previous attempts.
Conclusion:
If the bounce continues with strong volume, (BTC) could test $85K soon. However, without a clear break above $85,200โ$85,500, thereโs a chance of another pullback. Wait for confirmation or a strong breakout before entering long trades.