Bitcoin Technical Analysis
/USDT is currently trading around $76,566, showing consolidation after touching a 24-hour high of $77,199.99 and a low of $75,630.76. Based on the latest trading data, here are three key targets that could shape the market's direction:
šÆ Target 1: $78,000
If Bitcoin breaks above the $77,200 resistance, it could rally toward $78,000. This level may signal the beginning of a bullish momentum in the market.
šÆ Target 2: $80,500
A strong breakout above $78,000 could push the price to $80,500, which represents a significant resistance level. This would likely attract more buyers and strengthen market confidence.
šÆ Target 3: $83,000
If the bullish trend continues, Bitcoin could aim for $83,000. This level might serve as a critical price point for long-term investors.
Note: However, if the price falls below $75,000, a bearish trend could emerge, potentially driving the market down to $73,500.
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