The chart shows a breakout from a downtrend (blue channel). Bitcoin is facing resistance around 84,000 - 85,000, marked in red. If it breaks above, it may continue rising. Otherwise, it could drop back to 80,000 support (blue box). Watch for confirmation before trading.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.