BTCUSDT SPOT
Long
Updated

BTC/USDT Price Analysis: Reversal or More Downside?

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๐Ÿ“Š BTC/USDT 2-Hour Chart Analysis
๐Ÿ”ป Current Trend:

BTC is in a downtrend ๐Ÿ“‰, trading below the 30 EMA (๐Ÿ”ด 84,270 USDT) and 200 EMA (๐Ÿ”ต 88,644 USDT).
The price is currently 82,406 USDT and approaching a key support zone (๐ŸŸฃ ~80,000 USDT).
Support & Resistance Levels
๐ŸŸฃ Support Zone (~80,000 USDT) โ€“ Possible bounce area โฌ†๏ธ
๐ŸŸฃ Mid-Resistance (~86,000โ€“88,000 USDT) โ€“ First hurdle ๐Ÿšง
๐ŸŸฃ Major Resistance (~96,000 USDT) โ€“ Final target ๐ŸŽฏ

Possible Price Movement (๐Ÿ”ต Blue Line Projection)
โœ… Bullish Case:

If BTC bounces off support ๐Ÿ‹๏ธ, it could move towards 88,000 USDT ๐Ÿš€ and then 96,000 USDT ๐ŸŽฏ.
โŒ Bearish Case:

If BTC breaks below 80,000 USDT, we might see more downside โš ๏ธ.
๐Ÿ’ก Trading Tip:

Watch price action ๐Ÿ“Š at support & resistance.
Look for confirmation signals โœ… before entering trades.
๐Ÿš€ Are you bullish or bearish on BTC? ๐Ÿ”ฅ







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