$BTC Sideways: Is the Consolidation Phase Starting? 📉👀
Bitcoin is currently holding steady around the $83,088 level. After the volatile drop to $81,118, we are seeing some sideways movement as the market decides its next big move.
Key Observations:
Price Stability: BTC is slightly up by +0.55% in the short term, trying to maintain its ground above $83k.
Resistance Alert: The $84,398 level is proving to be a tough ceiling for now.
Support Zone: If we lose $83k, the next major support to watch is still that $81,118 low from earlier.
My Strategy:
I’m watching the volume closely. Low volume during the weekend often leads to a 'Fakeout'. Stay cautious and don't over-leverage! 🛡️
What’s your weekend prediction?
Will we see a pump to $85k or a drop back to $80k?
Let me know your thoughts! 👇
Disclaimer: Not financial advice. Always DYOR.
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