Bitcoin is trading at $81,436.40, below short-term resistance at $82,700–$83,100. Price remains above the 200-day EMA, keeping the medium-term trend intact, but it is below the 20- and 50-day EMAs, signaling near-term weakness.
Momentum
Daily RSI is around 56.9, neutral rather than oversold. MACD is neutral and ADX near 19.4 shows weak trend strength, favoring consolidation.
Key Levels
| Level | Price |
|---|---|
| Support | 80.200 |
| Support | 79.700 |
| Support | 72.900 |
| Resistance | 82.700 |
| Resistance | 83.100 |
| Resistance | 86.200 |
Outlook
The setup is neutral-to-bearish short term, bullish medium term. A close below $80,200 could target $79,700, while a move above $83,100 would restore bullish momentum toward $86,200.
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This article is the personal opinion of the author and is not financial advice. Trading carries risk. Written in the language of the author.