#MarketPullback $BTC TRAPPED in the $82K - $87K Range❗What’s Next❓ Bitcoin is stuck in a tight range between $82K and $87K how long will this consolidation last❓ Is this just a cooldown before an explosive breakout beyond $100K, or are we looking at a deeper correction ahead? Stay sharp, as the next move could be massive❗What’s your take Bullish or Bearish❓


$BTC /USDT – Temporary Relief or More Downside? #Bitcoin is currently trading at $84,115, down 9.59%, after hitting a low of $82,464. A slight bounce is occurring, but selling pressure remains strong.
BTC
83,511.49
-10.06%
Key Levels to Watch
Resistance: $85,500 – A breakout could push BTC toward $87,000 and $89,500
Support: $82,500 – If BTC fails to hold, further downside to $80,000 and $78,500 is likely
Market Insights
Parabolic SAR: Bearish trend intact, with minor relief in progress
MACD: Still negative but showing early signs of a potential turnaround
Volume: Increasing, indicating active trading but still favoring sellers
Trade Setup
Long Entry: Above $85,500, targeting $87,000 and $89,500
Short Entry: Below $82,500, aiming for $80,000 and $78,500
Stop Loss: $83,000 for risk management
BTC is attempting a recovery, but without strong buying volume, another drop remains a possibility. Watch for confirmation before making moves.#Join Honor Credits Draw & Win MacBook Air and Merch #Coins to Buy on the Dip #Which Coins are You Bullish on for March? #BTC
GT0,19%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)