Today's analysis of Bitcoin shows that the price is testing the Equilibrium Zone at levels 84,753 - 85,294, which is current resistance. Bitcoin is currently in a bullish correction after the recent sharp decline...
In terms of the overall trend, Bitcoin shows a bullish trend on the 4-hour time frame, but the overall trend on the daily time frame shows a bearish trend due to the previous break of the main liquidity areas (BOS)...
Regarding recommendations, there is a potential sell trade at the entry point of 85,250, with a stop-loss at 85,800, and the targets are 84,000, 83,173, and 81,500. There is also a potential buy trade at the entry point of 79,000-79,500, with a stop-loss at 78,000... $BTC
