Bitcoin Breakout Could Hit $83,000 After 22% Rally, But 3 Risks Remain

Share

Bitcoin has surged 22% in a week to trade near $79,054 after peaking at $81,343 on August 25, remaining 9.8% below its 2026 opening near $87,650. Technical indicators show a hidden bearish divergence as the RSI made a higher high while price carved a lower high on the 12-hour chart. A major supply wall sits in the $83,000 zone with roughly 5% of total supply clustered around $84,569. A 12-hour close above $80,070 targets $83,681, while a drop below $77,837 would weaken the current structure.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles