Bitcoin Movement Analysis 🪙 – Price Level: $82,350 📉
• The price continues to move within a clear downward channel.
• Failed to hold above the previous resistance level at $85,000.
• Currently moving between:
• Short resistance at $84,000 – $85,000
• Strong support at $76,000
• If support is broken, the next target is near $72,000
Watch Points:
• Any close above 85K may provide a temporary rebound opportunity.
• Breaking 76K may open the door for a new downward wave.
Current Trend: Negative in the short term
Expected Behavior: Continued downward volatility unless 85K is firmly breached. $BTC
