🚀 BTC Stalls at $85K: Bears Eyeing Opportunity? 🐻📉
Bitcoin (BTC) is currently trading around $84,550 🇵🇰. Today's price action shows a tough fight to break the $85,000 resistance 💪. An early green candle lacked power 💨 and met sellers 🔴, leading to sideways movement ↔️.
On the hourly charts 📊, $BTC is dancing around the 20 & 50 MAs 🤔, signaling weaker short-term bullish vibes 🧊. Selling volume picked up a bit at these highs ⬆️<0xF0><0x9F><0x93><0x88>, hinting at profit-taking 💰➡️🚪. Short-term tools like RSI ⬇️ and MACD 🐻 may be pointing south 🧭.
Long-term bull case still there 🐂, but can't ignore the $85K wall 🧱. If $BTC loses grip on $84K & $83.5K support floors 📉, bears might seize control 🐾⬇️. On the flip side, a strong surge above $85K with volume 🐳 would silence the bears 🤫 and aim higher ⬆️🎯.
Market's at a key point 🔑. Keep a close watch on these levels for potential breakouts or breakdowns! 👀
🚀🐻📉 BTC Stalls at $85K: Bearish Opportunity Brewing? #Bitcoin #BTC #CryptoNews #TradingAnalysis #Write2Earn
Bitcoin (BTC) price analysis for April 20, 2025, in Pakistan 🇵🇰. Examining t
The struggle at $85,000 resistance, emerging bearish signals 📉, and key levels to watch for potential trading opportunities. Is a bearish move on the horizon for BTC? 🐻