$BTC NEXT MOVE ✅📊
Lets analyze BTC’s potential next move, let's examine the common indicators and levels that can guide possible scenarios:
$BTC USDT is trading around $79,322, with a recent high of $80,080, showing strong upward momentum but also some profit-taking as it pulled back slightly.
The $80,000 mark is a psychological resistance level, which BTC attempted to break but faced selling pressure. A sustained move above $80,000 could open the path to higher levels, potentially towards $82,000 or even $85,000.
Immediate support is around $79,000, followed by stronger support near $77,500. If BTC moves below these levels, it could signal a pullback to around $75,000.
Moving Averages: If BTC is currently trading above key moving averages (like MA10 and MA50), this is typically bullish. A continuation above these levels could reinforce an upward trend.
RSI level around 38.32 in your earlier chart suggests BTC is far from overbought, but if it has increased in recent candles, it could mean short-term buying strength.
surge in volume near the $80,000 level, combined with rejection, often signals resistance. If volume declines, BTC could consolidate, while high buy volume might help break resistance.
If BTC can maintain above $79,000 and breaks $80,000 with volume, the next targets would likely be around $82,000, with potential to reach $85,000.
If BTC drops below $79,000, it may retest $77,500 or $75,000, which would be a healthy pullback before potentially resuming upward movement.
For now, watch for a break above $80,000 with strong volume to confirm a bullish continuation. Conversely, a drop below $79,000 could suggest a temporary pullback or consolidation phase.