The current Bitcoin price is $84,123, with a decrease of $1,960 (-2.28%) from the previous close. During the day, the price ranged between $83,601 and $87,429.
It is difficult to accurately predict Bitcoin's price movement throughout the day due to high volatility in the cryptocurrency market. Nevertheless, technical analysis indicates the presence of support and resistance levels that may affect price movement:
• Support levels:
• $83,000: Minor support close to the current price.
• $82,500: Strong support, and if broken, we may see further declines.
• Resistance levels:
• $85,500: Strong resistance level and previous bounce.
• $87,500: Major resistance with high liquidity density.
If the price manages to hold above the support level at $83,000, it may bounce towards the mentioned resistance levels. However, if this support level is broken, the decline may continue towards $82,500 or lower.
Please note that these predictions are not guaranteed, and it is always advised to do your own research and consult a financial advisor before making any investment decisions.