$BTC /USDT – 1H Chart Analysis



Current Price: $80,296.1 (-1.84%)

Key Levels

· Resistance: $80,467 / $80,645 / $80,967
· Support: $80,179 (24H low) / $80,000 (psychological)

Moving Averages (Bearish)

· EMA5: $80,467.5
· EMA10: $80,645.7
· EMA30: $80,967.1
Price is trading below all three EMAs. Big gap between price and EMA30 shows strong downward momentum.

RSI (Oversold)

· RSI(6): 22.5 (severely oversold)
· RSI(12): 30.4 (oversold)
· RSI(24): 39.6 (weak)

Volume

· 24h Turnover: $542M (decent during drop)

Outlook

BTC broke down from $82k area. Current structure is bearish. RSI(6) at 22.5 suggests **oversold bounce likely soon** but trend remains down unless price reclaims $80,967.
#WCTCTradingKingPK
BTC-1.68%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin