🚨Bitcoin (BTC) Daily Analysis 🚨
$BTC
📉 Price: $81,628 (-1.08%)
📊 Trend: Sideways consolidation after a pullback
🛑 Support: $80K - $81K (holding strong)
🚀 Resistance: $85K+ (key breakout level)
🔍 Technical Insights:
✅ Support Test: BTC repeatedly bouncing off $80K-$81K. A hold here could send it to $85K-$90K!
⚠️ Bearish Pressure? Struggling to make higher highs—drop below $80K could trigger $75K-$78K.
📈 Key Levels:
Bullish: Break $85K → Rally to $90K+
Bearish: Drop below $80K → Next stop $75K
📌 Indicators to Watch:
🔹 RSI: Is BTC overbought (70) or oversold (30)?
🔹 Moving Averages: Above 50 & 200 MA = bullish. Below = caution!
🔹 Volume: Low = fakeouts, High = real move coming!
🔥 BTC is at a crucial decision point! Will we see a bounce or breakdown? Watch closely! 🚀🔍