$BTC Next target:
Based on the chart and indicators provided, here are potential BTC targets:
1. Immediate Upside Target: If BTC maintains its momentum and breaks the recent high of 81,846.71, it could aim for the next psychological level around 85,000 as an immediate upside target. This round number often acts as a resistance point.
2. Extended Bullish Target: If BTC rallies strongly beyond 85,000, the next target zone could be around 88,000 to 90,000. This level may attract profit-taking and could act as a strong resistance.
3. Pullback Target: In the event of a correction, BTC might find support around 76,600 (the recent support level on the chart) or at the EMA levels (e.g., EMA 25 around 77,686.35). If this support doesn't hold, BTC could test the 70,500 range, which is a deeper support level.
Summary of Targets:
Bullish Targets: 81,800 -> 85,000 -> 88,000 - 90,000
Bearish Targets: 76,600 -> 70,500
These targets assume current market conditions and may change based on volume, broader market trends, and any new developments in the crypto space. Keep monitoring price action and volume for signs of strength or weakness at these levels.
