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pahubha ahir
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$BTC /USDT Daily Chart Analysis As of the current price: $83,730.28 (+0.12%) --- Key Levels to Watch: Resistance Levels: $84,300 – Recent 24H high; potential short-term resistance. $88,200 – Next notable horizontal resistance zone. $95,900 – Former support turned resistance. $109,588 – Local high from February; major resistance. Support Levels: $80,780 – Current 24H low; immediate support. $74,500 – Local bottom; if this breaks, could signal further downside. $72,754 – Lowest recent support visible on the chart. --- Indicators Overview: Volume – Fairly stable with occasional spikes. No aggressive buying volume yet, suggesting accumulation or indecision. Moving Averages: MA(5): $36,414.74 and MA(10): $35,801.77 seem outdated or misplaced — possibly short-term averages on a misconfigured scale or data error. MACD: MACD: 233.96, DIF: -1,181.09, DEA: -1,415.05 Bullish crossover likely happening now, suggesting early momentum build-up. --- Market Sentiment: Neutral to Slightly Bullish After the major dip from $109,588 to $74,500, Bitcoin appears to be forming a potential higher low, hinting at trend reversal or consolidation. Recovery from $74K to current levels shows buyers stepping in, but resistance around $84K needs to break to confirm bullish continuation. --- Summary: Bitcoin is currently in a recovery phase after a steep correction from the $109K region. Price is stabilizing and slowly climbing with signs of accumulation. If BTC breaks above $84,300, it could test $88,000–$95,000 in the coming days. However, failure to hold above $80,780 could drag price back toward the $74K zone. Watch for volume confirmation and MACD bullish crossover for a stronger upside signal. Would you like a shorter-term intraday analysis as well?
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