Markets· ★★★· neutral·

Analyst: Bitcoin needs to clear $84K–$85K to set next trend

  • —At $83,000, 53% of capital has a cost basis above the market
  • —$84,000–$85,000 is the largest BTC supply cluster
  • —Potential support on a pullback sits at $77,000–$79,000
Why it matters: Breaking or rejecting the $84K–$85K zone will set Bitcoin's direction for the coming weeks.
#BTC
Source: PANews
More on this
Markets · Sep 26
Analysts: Bitcoin needs a weekly close above $82,850 to confirm a trend reversal
 Markets · Sep 17
Analyst: Bitcoin needs to break $80–85K to change structure
 Markets · Sep 24
3 Reasons Bitcoin's Bullish Trend Remains Intact Despite the Drop Below $84K