Bitcoin ($BTC ) is testing resistance at $80,500, and traders are watching closely. If BTC breaks through this level with strong volume, it could signal a bullish breakout! đ
Trade Strategy:
Buy Signal: Enter if BTC surpasses $80,500 with confirmed volume.
Sell Signal: Consider exiting if BTC drops below $78,000, indicating a possible downtrend.
Key Indicators:
Support: $78,000
Resistance: $80,500
RSI near overbought zone - Caution is advised! â ïž