From TradingView · · 40s
Bitcoin Stalls at 80,500
Bitcoin's bounce off 80,000 stalls under VWAP at 80,500.
In brief
Bitcoin's bounce off 80,000 stalls under VWAP at 80,500. Bitcoin's price stalled at 80,500 after bouncing off 80,000, with key resistance at 80,500 and support at 80,000. Originally reported by TradingView.
Bitcoin Bounce
Bitcoin's bounce off 80,000 stalled under VWAP at 80,500.
Key Zones
Resistance at 80,500 (VWAP, M5 EMA200, fib 0.5) and support at 80,000.
Scenarios
Bearish: close under 80,300 opens 80,120 then 80,000. Bullish: close above 80,500 opens 80,570 then 80,772.
MVP Tool
Master Volume Profile shows point of control at 80,120 and value-area low below price.
The headline
Bitcoin's price stalled at 80,500 after bouncing off 80,000, with key resistance at 80,500 and support at 80,000.
