From TradingView · · 30s
Bitcoin Daily Analysis #383
Bitcoin price action analysis for traders.
In brief
Bitcoin price action analysis for traders. Bitcoin could break above 82,734 to target 83,891 or 86,581, or drop below 80,869 for a bearish move to 78,869 and 76,442. Originally reported by TradingView.
Bitcoin Support Level
Bitcoin found support at 80,869 on 4-hour chart.
Consolidation Pattern
Price consolidated between 80,869 and 82,734 for potential breakout.
Bullish Trigger
Breakout above 82,734 could target 83,891 and 86,581 for long positions.
Bearish Trigger
Breakdown below 80,869 may lead to bearish move toward 78,869 and 76,442.
At a glance
Bitcoin could break above 82,734 to target 83,891 or 86,581, or drop below 80,869 for a bearish move to 78,869 and 76,442.
