Bullish Threshold: Above $83,750. Bearish Threshold: Below $81,550. Between $81,700 and $83,000, expect potential range-based action—favorable for scalpers or tactical day traders.
Adds that bitcoin behaves more like a tech asset than a commodity in the short term, often showing stronger correlation with the Nasdaq than with gold.
Bullish above $86040, bearish below $85850 (see the note about monitoring a SUSTAINED move of the price above or below the thresholds). And remember a main benefit of the tradeCompass that guides you with professional key price levels for considering taking partial profits. Trade bitcoin at your own risk only.
Bullish above $83,650. Till then, Bitcoin bears have the ball and are eyeing these profit targets. Use tradeCompass to support your decision making and trade crypto at your own risk only.