From TradingView · · 40s
BTCUSDT rejection near 82K
Bitcoin price rejected 82K resistance, will it reclaim or break support?
In brief
Bitcoin price rejected 82K resistance, will it reclaim or break support? Bitcoin price rejected 82,000 resistance on Binance spot chart, with a decision between reclaiming 81,200 or breaking 80,400 support. Originally reported by TradingView.
Price rejection near 82K
Bitcoin price rejected 82,000 resistance on Binance spot chart.
Recovery scenario
A 15-minute close above 81,200 followed by a retest that holds would improve the case for another test of 81,800, 82,000.
Support breakdown risk
A 15-minute close below 80,400 followed by a failed attempt to reclaim it would increase the risk of a move toward 80,000, 79,800.
Here's the gist
Bitcoin price rejected 82,000 resistance on Binance spot chart, with a decision between reclaiming 81,200 or breaking 80,400 support.
