🚀 $BTC /USDT Market Analysis & Trading Signals
Current Price: $82,858.69 (-0.81%)
24H High: $84,756.83 | 24H Low: $82,456.00
24H Volume: BTC: 17,422.74 | USDT: 1.46B
📊 Technical Overview (1H Chart)
• Trend: Bitcoin is facing a pullback after testing $84,756, with price now hovering around $82,858.
• Support Levels: $82,500, $81,800 (watch for bounce).
• Resistance Levels: $83,500, $84,000, $84,750 (potential rejection points).
• Volume Analysis: Declining buy volume suggests weakening bullish momentum, leading to a corrective phase.
🟢 Buy Signals:
✅ Bounce from $82,500-$82,000 zone: If BTC holds this level, expect a recovery towards $83,500+.
✅ Breakout above $84,000: Strong volume above this level could push BTC back to $85,000+.
✅ Higher lows formation: If BTC starts forming a series of higher lows, it signals trend reversal.
🔴 Sell Signals:
❌ Break below $82,500: Could trigger a deeper drop to $81,800 or even $80,000.
❌ Rejection at $83,500-$84,000: A failed breakout may lead to another downward push.
❌ Low buying interest: If BTC continues trading with weak volume, further downside expected.
🔔 Conclusion & Strategy:
• Short-term traders should look for entries near $82,500 with tight stop-losses.
• Swing traders can wait for a clear breakout above $84,000 before entering longs.
• If BTC loses $82,500, prepare for further downside with risk management.
📢 Trade carefully and manage risk! Bitcoin is at a key
level – let’s see if it holds or breaks lower. 🚀🔥
#TWIN_TULIPS #BTC