$BTC
Bitcoin’s price is currently $84,160, with a market capitalization of $1.66 trillion and a 24-hour trading volume of $15.07 billion. The 24-hour intraday price range spans from $83,238 to $84,492, suggesting steady price compression as traders await a breakout signal.
On the 1-hour chart, bitcoin is exhibiting a tight trading band between $83,000 and $84,500, showing signs of accumulation with a series of higher lows after rebounding from $83,142. Entry points for aggressive scalpers are forming between $83,500 and $84,000, with suggested exits around $85,000 to $85,500. However, low trading volume in recent sessions underscores the need for caution, as any move lacks momentum confirmation. A conservative long entry would ideally be placed above the $84,800 mark, contingent on stronger volume confirmation to justify the upward extension
