Bitcoin has found support at the key $80K level, prompting a bullish rebound. However, the 200-day moving average now acts as a significant resistance, suggesting a likely consolidation phase within the $80K–$87K range in the short term. Technical Analysis By Shayan The Daily Chart Bitcoin has recently printed a bullish rebound after finding strong support […]
$87,000 Next as BTC Holders Refuse to Sell Read More »
Bitcoin continues to hover near the $82,000–$85,000 range as buyers struggle to regain momentum, while key on-chain data hints at interesting underlying dynamics. Technical Analysis By Edris Derakhshi The Daily Chart On the daily timeframe, BTC is attempting to defend the $80K support zone after another rejection from the $88,000 resistance and the 200-day moving
BTC May Drop to $68K if $80K Support Fails Read More »
Bitcoin’s price was rejected this week, showcasing the insufficient bullish momentum in the market. Nevertheless, the asset faces a substantial support range at the $80K mark, which is expected to hold the price in the short term. Technical Analysis By Shayan The Daily Chart Bitcoin has recently experienced a notable rejection after briefly breaking above
Will the $80K Support Level Hold BTC After Recent Rejection? Read More »
