Bitcoin Price Faces Key $83K Resistance As $78K Support Comes Under Pressure
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5 Articles
coin-turk.com
BITRSS🚨 The $78,300 region has emerged as a key area for short-term direction in Bitcoin. 🐋 While large wallets accumulated 39,154 BTC in the last week, small investor sales in $BTC were noteworthy. 📈 There was a net inflow of $3.3 billion into spot Bitcoin ETFs until August 28th. 📉 The loss of the $77,200 to $77,400 support level increased the risk of a correction extending to $72,800. Read More: The $78,300 threshold determines the short-term di…
Bitcoin fails because of the brand, which finished the rally already in May. What the chart shows and which price targets apply upwards and downwards.
Bitcoin Price Faces Key $83K Resistance As $78K Support Comes Under Pressure
Bitcoin price remains under pressure after facing rejection from the $81,000-$83,000 resistance zone. While MACD and Bollinger Bands still show positive momentum, traders are watching $78,000 support closely, with a breakdown potentially exposing BTC to deeper losses.
Bitcoin Price Correction: Why BTC Stalled Dead at $78,000 Again
Bitcoin ran 26% in under two weeks, tagged $81,455, and then stopped at the exact price that killed the last rally. That is not a coincidence. As of Sunday 30 August at 11:37 UTC, BTC/USD trades at $78,019 on Bitstamp, down 0.12% on the day. The weekend has been quiet. The week before it was...
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