$BTC ‌ Bitcoin is trading around $80,700, down 1.2% today after rejecting the key 200-day EMA ($82,000-$82,400) multiple times.



🤝Key Levels:
👉 Resistance: $82,000 - $82,400 (200 DMA + recent highs)
👉 Support: $78,500 - $79,000 zone, then $76k-$77k

Mixed signals overall: short-term neutral to bearish on daily indicators (some strong sell readings on MAs), but broader structure remains in a consolidation phase after the recent rally. Watch for a potential pullback if it fails to break higher, or continuation if volume picks up on ETF inflows.

Stay tuned — volatility expected around key levels. DYOR! 🚀
#GateSquareMayTradingShare
BTC-1.17%
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GateUser-0834a1ba
· 12h ago
So I should enter a long position, right?
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