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$BTC at a Critical Level — Why $83K Matters Bitcoin’s next major move could depend heavily on the $83,000 level. If $BTC reaches and holds above $83K, it could establish its first higher high and strengthen the case for a continued recovery. A failure to reclaim this area, however, could keep the risk of deeper downside alive. #Bitcoin #BTC #CryptoMarket #TechnicalAnalysis

There is still room to rise. BTC long targets are 79888, 80888, and 81888, in that order. BTC support includes 78400, as well as the relatively strong support at 77888. This week’s starting point for the rise was 76888. I found that these supports are all quite close, while the more distant support is at 75000, with extreme support at 71188. So I will only choose two levels to add to my position instead of adding at all five levels; there is no need. ‌$BTC ‌ ETH is relatively weak compared with BTC because its highs keep getting lower. Look at strong coins—their highs keep getting higher. Since last week’s 2550, the subsequent highs were 2538 and 2513 in sequence. Can’t you push it to 2600? Don’t trade ETH; it doesn’t make money and has no major volatility. It is expected that after some time, once ETH rises to higher levels, it will retest the support levels at 2368 and 2288. ‌ $ETH ‌#比特币ETF净流入4,038枚 #老用户1BTC回归礼 .