Current Price Levels: Bitcoin is currently trading around 85,269.35 USDT.
Support and Resistance:
Support Zones: A crucial support zone marked in green suggests strong buying interest between 80,000 and 81,000 USDT.
Resistance: The upper trend line indicates resistance; if Bitcoin can break it, it could target levels close to 88,000 USDT.
Bullish Case: A breakout above the upper trend line could lead to an upward rally towards 88,000 USDT or above.
Bearish Case: If the price breaks below the support zone, a downward move toward 75,000 USDT can be expected.
Monitor the trade closely to see how it reacts around these crucial levels. Based on the price action, adjust your strategy accordingly. Feel free to ask if you have further questions or need analysis on specific indicators!
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DYOR. NFA