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BTC is currently trading around $82k, fluctuating after quickly rebounding overnight from a dip to $80k, in an oversold recovery. Key short-term support is $80k, with resistance at $82.5k-$84k. ETF outflows and a rebound in inflation are weighing on bulls. If BTC holds above $82.5k, it could continue testing $84k; if it falls below $80k, downside risk will increase. The short-term outlook is choppy; it is advisable to wait on the sidelines for confirmation of direction.
BTC-0.01%
BTC has recently traded sideways in the $80k-$84k range, with ETF outflows and a rebound in inflation weighing on bulls; $80k is key support, and the near-term outlook favors a choppy recovery. Whether the rebound can last depends on whether capital flows improve.
BTC-0.01%
The more BTC falls, the more it gets sold; go long on digital gold
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BTC-0.01%
Original shareholders, is an IPO promising?
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