$BTC : Bitcoin at a New Peak: Is a Correction Coming?
Follow to Know
Bitcoin records a rise at $85,678, with ongoing upward momentum
Continuing. Trading volume remains high ($5.35 billion USDT), indicating
strong activity. The RSI indicator shows overbought conditions (72.32).
Notable Rise
Ongoing Upward Momentum
Potential for a Nearby Correction
Caution is Necessary
Support and Resistance Levels:
Support: $83,500
Resistance: $85,678
Potential Targets:
$85,500 - $86,000
Entry Time:
Buy: Wait for a bounce from support.
Sell: Wait for a reversal from resistance.
Advice
Monitor price and volume
Stop loss is essential
Do not rush
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