• $84,000 - $85,000 (Immediate Support): This is the current line in the sand. Bulls have stepped in here recently to trigger relief bounces.
• $82,800 (Critical Level): This aligns with the 2-Year Simple Moving Average (SMA). A monthly close below this level is historically bearish and could signal a deeper trend reversal.
• $70,000 - $72,000 (Major Danger Zone): If the $82.8k level fails, analysts predict a potential flush down to this zone.
Key Resistance Levels (The "Ceiling")
• $88,000 - $88,500: Immediate resistance. BTC needs to reclaim this to signal stability.
• $94,000 - $95,000: The breakout zone. A push above this is required to resume the bull run toward the psychological $100k target.
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$BTC
Key Support Levels (The "Floor")
• $84,000 - $85,000 (Immediate Support): This is the current line in the sand. Bulls have stepped in here recently to trigger relief bounces.
• $82,800 (Critical Level): This aligns with the 2-Year Simple Moving Average (SMA). A monthly close below this level is historically bearish and could signal a deeper trend reversal.
• $70,000 - $72,000 (Major Danger Zone): If the $82.8k level fails, analysts predict a potential flush down to this zone.
Key Resistance Levels (The "Ceiling")
• $88,000 - $88,500: Immediate resistance. BTC needs to reclaim this to signal stability.
• $94,000 - $95,000: The breakout zone. A push above this is required to resume the bull run toward the psychological $100k target.