$BTC is trading roughly around $78,000 – $80,000 recently. �
Meyka
Price has been under downward pressure and recently touched multi-month lows during market correction. �
DailyForex +1
📊 Key Technical Indicators
RSI: Around 44 → Slight bearish momentum but near neutral zone. �
Investing.com
MACD: Currently negative → Indicates weak bullish momentum. �
Investing.com
Moving Averages: Most signals showing sell trend, confirming short-term bearish structure. �
Investing.com
📍 Support & Resistance Levels
Support Levels:
$83,500
$73,800 (Strong support zone) �
MEXC
Resistance Levels:
$82,200 (Breakout level)
$94,900 major resistance zone �
Blockchain News +1
🔮 Short-Term Outlook
If BTC breaks above $82K, bullish recovery toward $85K – $90K possible. �
Blockchain News
If BTC falls below strong support, further downside volatility may continue.
Market remains high volatility, typical near major trend turning points. �
Blockchain News