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$BTC — Trade Analysis
Overview: Bitcoin is the market leader and primary liquidity driver of crypto. All altcoins follow BTC’s direction.
Price: ~$81,700
Trend: Strong short-term bearish correction
Technical Levels:
Support: $80,000 – $78,500
Resistance: $85,000 – $88,500
Indicators:
RSI: Oversold on lower TF
MACD: Bearish momentum active
Price below 50 EMA
Trade Plan:
Entry: $79,500 – $81,500
Targets: $85,000 / $88,500 / $92,000
Stop Loss: $77,800
R:R: ~1:3
Outlook:
Short-term: Volatile bounce possible
Long-term: Bullish structure intact above $75K
Sentiment: Fear rising, smart money accum