Bitcoin is back in the "back-and-forth" action again. It's currently stabilized above $80,500 and has seen a slight bounce, but overall it’s still in a consolidation phase.
The short-term key level is clear: $81,500 is the current "watershed". If it can break through this resistance level solidly, the momentum might accelerate again, with the first target at $82,000 and potentially reaching $82,500 or even $83,500 above.
However, the bears aren't sitting idle either, as there’s pressure in the $81,200–$81,500 range, and the trendline is pressing down from above, so breaking through won't be easy.
Support remains at $80,500, followed by $80,000. If it breaks below, we might see a return to the retracement channel, testing $79,200 or even lower.
In simple terms: right now, #BTC is stuck at a crucial position of "breakout or retrace for another wash," and short-term volatility might be quite frequent. 🚨#BTC走势分析
The short-term key level is clear: $81,500 is the current "watershed". If it can break through this resistance level solidly, the momentum might accelerate again, with the first target at $82,000 and potentially reaching $82,500 or even $83,500 above.
However, the bears aren't sitting idle either, as there’s pressure in the $81,200–$81,500 range, and the trendline is pressing down from above, so breaking through won't be easy.
Support remains at $80,500, followed by $80,000. If it breaks below, we might see a return to the retracement channel, testing $79,200 or even lower.
In simple terms: right now, #BTC is stuck at a crucial position of "breakout or retrace for another wash," and short-term volatility might be quite frequent. 🚨#BTC走势分析