#BTCUSDT Price Action Update – Bulls Trying to Regain Momentum!
Bitcoin just made a solid recovery after a short-term dip!
Currently trading at $83,642, $BTC
is up +3.30% in the last 24 hours, bouncing back strongly from the 24h low of $80,782 and aiming to retest the recent high of $84,300.
Key Insights:
1H Chart Analysis: After a small downtrend, we’re seeing a nice bullish pattern forming with multiple green candles. This could signal a potential continuation if volume supports the move.
Volume Check: Over 30,842 BTC traded in the last 24h, indicating strong market participation.
Support/Resistance Zones:
Support: $80,782
Resistance: $84,300 (needs to be broken for new highs)
What to Watch Next?
If BTC breaks the $84,300 level with conviction, we might see another leg up. However, failure to maintain current momentum could drag price back toward $82K.
Stay sharp, manage your risk, and ride the trend!
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