$BTC Will we see a breakout or another crash lurking around the corner? ❓$BTC Is this a rebound or just another false breakout? ❓#Bitcoin Rebounding from a low of $76,606, it has now climbed to $81,362, showing signs of recovery. But is this the beginning of a bull market reversal, or just a breather before another downturn? ❓
At resistance near $84K and under the highest volatility, #BTC☀️ is at a critical juncture. Can #Bitcoin attempt to recover – Can the bull market hold above $81,000?
The trading price of #Bitcoin is $81,362.42, down -0.43% from the recent low of $76,606.00. The price is rebounding, but there is strong resistance ahead.
Key levels to watch:
Resistance: $82,384.77 – A breakout could potentially push BTC to $84,123.46.
Support: $80,316.97 – Losing this level could send BTC back to $78,249.18.
Trade setup – What’s next?
Bullish entry: If BTC holds above $80,316.97, target $82,384.77 and $84,123.46.
Bearish entry: A drop below $80,316.97 could lead to BTC falling to $78,249.18.
Stop loss: Bullish at $79,500.00, bearish at $83,500.00.
Whether BTC can maintain above $81,000 will determine the next action. The bull market needs stronger momentum to sustain the recovery.