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Bitcoin Price is consolidating in the 80.2k area after being rejected from 82.8k. The MA5 is starting to flatten and is approaching the MA10 → a sign of weakening bearish momentum. The MA30 is still above the price (~80.7k), so nearby resistance remains strong. The MACD is starting to rise from negative territory → there is a chance of a short rebound. Key Levels: Strong Support: 79.6k then 78.8k Near Resistance: 80.7k–81.3k Major Resistance: 82.8k Possible Scenario: Mild Bullish If BTC can close its 4H above 80.7k, a continuation to 81.5k–82.5k is quite likely. Sideways While between 79.6k–80.7k, the market is likely to chop/consolidate. Bearish If the price breaks through 79.6k with high volume, the next lower target is around 78.8k and then 77.5k. Short conclusion: Currently, it's more likely a short rebound/mild sideways bullish movement. There are no strong uptrend signals yet before breaking through 81k+. The 79.5k area is an important boundary for bullish invalidation.
(BTC)