Bitcoin Price Analysis: Possible Scenarios Ahead

hello guys.

Current Price Movement: Bitcoin has experienced a strong upward movement, nearing the resistance zone around $82,000–$83,000. It is trading near the upper boundary of a rising channel.

Scenario 1: A potential bullish continuation where Bitcoin could break above the $83,000 level, pushing towards $84,000–$85,000.
Scenario 2: A possible pullback before a continuation, with Bitcoin retesting support levels around $80,000–$81,000 before attempting another move up.

Support and Resistance Levels:
Resistance: $82,000–$83,000 (near-term), $84,000–$85,000 (upper target).
Support: $80,000–$81,000 (short-term), $73,000 (lower channel boundary).

Trend: Overall bullish momentum remains, but a pullback is possible before the next leg up.

Note

a Quasimodo happened

Note

a Quasimodo happened
a correction could happen from here!
#btc #btcusdt

Trade closed: target reached

the pointed area touched

melikatrader94

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