BTCUSDT is showing a strong recovery on the daily timeframe after finding support near the 58,000-64,500 USDT region.



Price has now moved back toward the nearby resistance zone around 81,000-83,500 USDT. A confirmed daily close above this zone could signal further bullish momentum, with the next major resistance areas near 98,000, 115,000 and 124,000 USDT.

If price gets rejected, the marked support zones may become important for a possible pullback and trend continuation. Traders should wait for confirmation through candle closes, volume and price action before taking any position.

$BTC
BTC-1.08%
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GateUser-cbca79fe
· 3 hours ago
hopefully but it's looking confusing at the moment. if up or down first before the main rally
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GateUser-71996ae2
· 7 hours ago
Excellent analysis, I think the market needs more patience,
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GateUser-95c3210d
· 21 hours ago
To The Moon 🌕
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