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$BTC has regained the 84K-85.9K zone, aligning with the 200 EMA on the daily chart, and seems to be retesting this level. If the retest holds, BTC could potentially move toward the 92K-95K range we discussed earlier. This projection remains valid as long as BTC stays above the 84K-85.9K zone.
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$BTC remains stagnant, facing resistance in the $84Kâ$85.9K range and at the 200 EMA on the daily timeframe. Unless it successfully breaks above this resistance, a pullback toward the expected support levels of $76Kâ$73K remains likely. This perspective will only change if BTC reclaims both the resistance zone and the 200 EMA on the daily timeframe.
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$ATOM looking good Buy at - 4.8 Tp - 5.50 - 6.00
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$BTC On the daily timeframe, BTC is encountering resistance in the 84K-85.9K range, along with the 200 EMA. If BTC fails to reclaim this zone and the EMA, the outlook could turn bearish, with a potential pullback to the 76K-73K range. However, if BTC successfully reclaims the resistance zone, it could rise toward the 93K-91K range or even higher.
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$BTC is currently holding support within the 76.5K-72.7K range on the daily timeframe. If the momentum persists, it could climb to 84K or beyond. However, given market conditions, long positions might get trapped again. A drop toward 70K or lower is expected before the next upward move. However, BTC may rebound before reaching those levels, making it difficult for many to enter at their preferred price.
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