Bitcoin at $81K: $84.2K Breakout Would Flip Bearish Trend, Sub-$80K Signals Weakening Rebound
- —BTC near $81,000, weekly low at $79,800
- —50-day moving average at $81,279 acts as support
- —Break above $84,200 needed to invalidate bearish trend
- —Weekly RSI at 56.39 above 50, but daily Aroon stays bearish
Why it matters: Holding the 50-day average keeps a rebound alive, while a drop below $80,000 would raise the risk of a slide toward $79,000–79,500.
Source: TronWeekly
More on this
Markets · 00:52Bitcoin tests $81K support as bears hold control; $84.2K needed to break bearish structure
Markets · Oct 15Fidelity says Bitcoin momentum has flipped positive as trend and volatility improve
Markets · Sep 14Bitcoin needs more than $80,000 breakout: key resistance at $81K-$86K