From TradingView · · 30s
BTC/USD 4H ANALYSIS, BEARS STILL IN CONTROL
Bitcoin price consolidating near $81,280 as bears hold key resistance zones.
In brief
Bitcoin price consolidating near $81,280 as bears hold key resistance zones. Bitcoin is consolidating near $81,280 with bears controlling the market until buyers reclaim $81,300, $81,600 resistance. Originally reported by TradingView.
Market Structure
Bitcoin is consolidating near $81,280 after a strong bearish move.
Key Zones to Watch
Resistance: $81,300, $81,600; Support: $80,100, $80,500; Reclaim Zone: $82,200, $82,600.
Next Resistance
Buyers need to reclaim $82,200, $82,600 to improve short-term bullish momentum.
The bottom line
Bitcoin is consolidating near $81,280 with bears controlling the market until buyers reclaim $81,300, $81,600 resistance.
