Bitcoin
Long

BTCUSD technical analysis.

81
This is a Bitcoin (BTC/USD) price chart from TradingView on a 1-hour timeframe. The chart includes:

An upward price channel (blue) showing a rising trend before breaking downward.

Support and resistance zones (red) marking key price levels.

Potential price movement prediction (blue arrows), suggesting a possible breakout above resistance.


The current price is $83,114, with resistance levels around $84,000 - $85,000. The analysis suggests a bullish move if Bitcoin breaks above these resistance zones.

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