Current Price: $83,174
Resistance Zone: Around $84,000
Support Zone: Around $81,000
Forecast:
The price may test the resistance at $84,000 but struggle to break above.
If rejection occurs, a downward move is likely, targeting the $81,000 support level.
A confirmation of the downtrend would be a break below the $83,000 range with increasing selling pressure.
If BTC finds support at $81,000, a rebound is possible; otherwise, further downside may follow.
Resistance Zone: Around $84,000
Support Zone: Around $81,000
Forecast:
The price may test the resistance at $84,000 but struggle to break above.
If rejection occurs, a downward move is likely, targeting the $81,000 support level.
A confirmation of the downtrend would be a break below the $83,000 range with increasing selling pressure.
If BTC finds support at $81,000, a rebound is possible; otherwise, further downside may follow.
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.
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.