#TradingAnalysis101 🔍 BTC/USD Analysis – Current Trend and Entry Opportunities 📈 #TradingAnalysis101
Bitcoin has been experiencing high volatility in recent days, with an intraday low of $76,749 and a high of $83,713. Currently, it is trading around $81,638, with bulls and bears fighting for direction.
📊 Key Levels:
Support: $76,500
Resistance: $84,000
🔹 Possible Scenarios:
1️⃣ Breakout above $84,000 – If breaks this level with strong volume, it could quickly surge to $87,000.
2️⃣ Rejection and Pullback – If resistance holds, we expect a retest of $76,500 and possibly a dip towards $74,000.
🛠 Trading Strategy:
Long if $BTC confirms a breakout above $84,000.
Short if it faces rejection and falls below $76,500.
Monitoring volume and market sentiment! What’s your BTC outlook? 💬👇