The price of Bitcoin has dropped to $84,676.29, reflecting a 4.52% decline. The chart highlights a sharp downward trend followed by potential recovery, indicated by two upward arrows.
Key levels marked include a resistance zone around $89,460 and a higher potential target near $94,000. The volume bars at the bottom show trading activity, while the right panel lists other market assets and their percentage changes. A news alert at the bottom mentions Bitcoin falling below $84K for the first time in three months.
The analysis suggests a possible bounce back towards resistance levels, but market conditions remain volatile.
Key levels marked include a resistance zone around $89,460 and a higher potential target near $94,000. The volume bars at the bottom show trading activity, while the right panel lists other market assets and their percentage changes. A news alert at the bottom mentions Bitcoin falling below $84K for the first time in three months.
The analysis suggests a possible bounce back towards resistance levels, but market conditions remain volatile.
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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.