Nearest support levels for Bitcoin 🚀

💡 Bitcoin $BTC continues to surprise investors with its volatility, and in such moments it is important to know the key support levels that can play a role in price movement. Let's consider the nearest important levels that need to be kept in focus! 👇

🔍 Short-term holders 1M-3M: Realized price = $89.7k. This level represents the average price at which BTC was acquired by short-term holders (1 to 3 months).

📈 This group of investors often has a significant influence on the market. If the price approaches $89.7 thousand, it could become a strong support level due to active buying.

📊 Realized price for short-term holders = $86.8k.

Another important level takes into account the price at which BTC was sold by short-term holders overall.

💼 At these levels, sellers are usually less active, and buyers see an opportunity to enter the market. If the price starts to decline to this level, there may be an increase in demand.

⚡️An unclosed gap of $80,000. The futures market has left a gap (price gap) at the $80,000 level. This is an area where there has been no trading before, and the market may seek to close this gap.

🔑 Gaps often attract price like a magnet. If Bitcoin continues to move down, the $80,000 level could become a strong "magnet", providing liquidity and potential rebound.

💬 Conclusion: What to do?

Watch for levels of $89.7 thousand and $86.8 thousand - these are the nearest supports for short-term movements.

Be prepared for the possibility of testing $80,000, especially if the market shows weakness.

Always assess the overall trend and related metrics to make informed decisions! 📉📈

👀 Successful trading and cold calculation in decision making! 💪✨