#SecureYourAssets Bitcoin (BTC) Market Update – Key Levels to Watch! 🚀
Bitcoin is still struggling below resistance, and intraday price action suggests key levels to monitor. Here's a quick breakdown:
📊 Key Levels & Resistance Zones
🔹 Support Levels: $81,096 – $80,513 – $79,121 (Critical downside targets)
🔹 Resistance Levels: $84,450 (50% Fibonacci retracement) – $86,600 (Potential breakout zone)
🔍 Bullish vs. Bearish Scenarios
✅ Bullish Case: If BTC breaks above $84,450 and forms a five-wave move up, we could see an upward push towards $86,600 and beyond.
❌ Bearish Case: If BTC fails to break resistance and falls below $81,250, we may see a deeper pullback towards $80,513 or lower.
🚀 What’s Next?
🔸 The stock market (S&P 500 & Nasdaq) could influence BTC’s next move.
🔸 Watch for a strong breakout above $84,450 for a bullish confirmation.
🔸 A five-wave structure is needed to validate a clear uptrend.
📈 Will BTC break resistance or head lower? Share your thoughts below! ⬇️
#bitcoin #CryptoAnalysis #BTC #cryptotrading ##BSCTrendingCoins