Bitcoin is currently facing intense pressure at the $82,000 level. After a volatile week, the market seems to be cooling off, but is this the calm before the storm?
Current Market Scenario:
As of now, $BTC is hovering around $82,000. This is a psychological support level. If the price fails to hold above $81,500, we might see a liquidity hunt down to the $78,000–$79,000 range. On the flip side, a strong bounce from here could target $84,000 before Sunday.
Weekend Trading Strategy:
Patience is Key: Weekend volumes are usually low, leading to "fake-outs." Avoid jumping into trades without confirmation.
Altcoin Watch: If BTC stabilizes at $82k, watch for $ETH and $SOL to potentially outperform.
Risk Management: Always use a Stop-Loss. In this $82k zone, volatility can wipe out high-leverage positions within minutes.
Conclusion:
The next 24 hours are crucial for Bitcoin. Watch the $81,500 support closely.