Bitcoin Market Analysis
BTC price hovers around 84,000 in consolidation. Bulls and bears battle at this price.
Support Level
Support is in 81,000 - 82,000. Strong buying emerges there. It stopped drops in past corrections. Dense holdings mean many cost - bases are in this range, propping up support.
Resistance Level
Resistance at 87,000. K - lines show heavy selling near it. Past break - throughs failed. Trapped or profit - taking positions sell as price nears, creating resistance.
Bullish Outlook
I'm bullish. Global recovery raises risk appetite for BTC. More institutions hold BTC, boosting price. Positive sentiment on long - term prospects, due to blockchain growth, helps. Upward - diverging moving averages show uptrend. Lower volume in consolidation, but activity stays. New positives may push price to resistance.
💎💎💎 BTC 💎💎💎
🎁 Buy@83500 - 84000
🎁 TP 86000 - 87000
The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
BTC price hovers around 84,000 in consolidation. Bulls and bears battle at this price.
Support Level
Support is in 81,000 - 82,000. Strong buying emerges there. It stopped drops in past corrections. Dense holdings mean many cost - bases are in this range, propping up support.
Resistance Level
Resistance at 87,000. K - lines show heavy selling near it. Past break - throughs failed. Trapped or profit - taking positions sell as price nears, creating resistance.
Bullish Outlook
I'm bullish. Global recovery raises risk appetite for BTC. More institutions hold BTC, boosting price. Positive sentiment on long - term prospects, due to blockchain growth, helps. Upward - diverging moving averages show uptrend. Lower volume in consolidation, but activity stays. New positives may push price to resistance.
💎💎💎 BTC 💎💎💎
🎁 Buy@83500 - 84000
🎁 TP 86000 - 87000
The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
Trade active
It's still fluctuating around 84,000 points at present.Let's always put our trust in BTC, mate.Trade closed: target reached
Stick with it and stay on the bullish side, bruv.Note
Finally, BTC has risen to 85,000. Bloody Nora, we've been waiting for this moment!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.