đ BITCOIN ANALYSIS â 4H
Surprisingly, Bitcoin has pumped strongly and broken through the previous key levels. đ
Now, there are 2 important areas to watch:
đą Previous Resistance â New Support
The broken resistance zone could now act as the closest support if BTC pulls back.
đŽ $81.2Kâ$81.8K Resistance
BTC is approaching a strong resistance area where price has faced rejection multiple times.
đ Key scenario:
If BTC holds the new support â continuation higher could be possible.
If BTC gets rejected from $81.2Kâ$81.8K â a pullback/retest of support could follow.
Current market data also shows BTC trading around the $81K area, with ~$81.2Kâ$81.5K identified as an important resistance region.
Watch the reaction, donât chase the pump. đ
#BTC #Bitcoin #Crypto #trading #BinanceSquare
Surprisingly, Bitcoin has pumped strongly and broken through the previous key levels. đ
Now, there are 2 important areas to watch:
đą Previous Resistance â New Support
The broken resistance zone could now act as the closest support if BTC pulls back.
đŽ $81.2Kâ$81.8K Resistance
BTC is approaching a strong resistance area where price has faced rejection multiple times.
đ Key scenario:
If BTC holds the new support â continuation higher could be possible.
If BTC gets rejected from $81.2Kâ$81.8K â a pullback/retest of support could follow.
Current market data also shows BTC trading around the $81K area, with ~$81.2Kâ$81.5K identified as an important resistance region.
Watch the reaction, donât chase the pump. đ
#BTC #Bitcoin #Crypto #trading #BinanceSquare
