$BTC Update


BTC is right at a crucial area, and this is something you really want to keep an eye on. Price is testing a key resistance zone around the 80K region, which has already acted as a strong level in the past.
Now here’s the important part, a clean daily close above this area would weaken the bearish momentum and open the door for further upside. But so far, price is just grinding into resistance without strong follow-through.
At the same time, volume is declining while price is moving up and making higher highs. That’s a sign of weakening strength behind the move, and it often leads to either a rejection or at least a pullback.
So this is a key decision point. Either we get a strong breakout with volume, or this turns into another rejection from resistance.
Watch the daily close here, it will decide the next move.
DYOR, NFA
#Bitcoin
BTC1.9%
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