$BTC shows a bullish trend with strong support levels. However, resistance at $81,850 and the high percentage of sell orders suggest that buyers need to push harder to continue the rally. If BTC breaks the $82,000 resistance with sustained volume, it could lead to higher targets. On the downside, a fall below $78,500 would signal a potential trend reversal.

Support and Resistance Levels

Immediate Support: $80,000

Strong Support: $78,500

Immediate Resistance: $81,850

Key Resistance: $82,000

The immediate support at $80,000 will be a crucial level for BTC to maintain. If BTC falls below this level, it could retest the $78,500 area, where stronger support lies. On the upside, BTC is testing the immediate resistance of $81,850. If it manages to break above this level, it could aim for the key resistance at $82,000.

A breakout above $82,000 may lead to further gains, potentially pushing BTC to new highs. Conversely, a break below $78,500 might indicate a correction or temporary bearish reversal.

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