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# CanBTCStandAbove$80K?
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Yesterday, Bitcoin experienced a significant drop due to a decline in the global market. However, it recovered when the US market opened. Despite this recovery, the overall market remains bearish, and the price faced rejection in the $81,300-$81,500 resistance area. For Bitcoin to maintain an upward trend, it needs to break through this level; otherwise, we may see a decline toward the $78,000 area.
#Can BTC Stand Above $80K? #Risk Strategies in Downtrend #Upcoming CPI & PPI Data Releases
#Can BTC Stand Above $80K? #Risk Strategies in Downtrend #Upcoming CPI & PPI Data Releases
BTC1,14%
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DOGE/USDT Market Strategy Update – Momentum Still in Play
The market showed a powerful rebound from the $0.130 level, pushing back above the psychological $0.15 mark. Based on both EMA alignment and MACD signals, DOGE is currently in a short-term bullish phase with healthy consolidation.
Heikin Ashi Analysis (24h View):
The Heikin Ashi candles show a gradual shift from strong red to mixed or small-bodied candles. This often signals trend exhaustion and a potential momentum pause. However, we’ve yet to see significant bearish reversal signs.
Support and Resistance Levels:
Immediate Support: $0.
The market showed a powerful rebound from the $0.130 level, pushing back above the psychological $0.15 mark. Based on both EMA alignment and MACD signals, DOGE is currently in a short-term bullish phase with healthy consolidation.
Heikin Ashi Analysis (24h View):
The Heikin Ashi candles show a gradual shift from strong red to mixed or small-bodied candles. This often signals trend exhaustion and a potential momentum pause. However, we’ve yet to see significant bearish reversal signs.
Support and Resistance Levels:
Immediate Support: $0.
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Join Gate.io Answer & Earn
Take the Quiz to Win Exciting Prizes
Join Now: https://www.gate.io/activities/answer-earn/?ch=AnswerEarnNUMI&refUid=16678328#Can BTC Stand Above $80K? #Risk Strategies in Downtrend #Upcoming CPI & PPI Data Releases
Take the Quiz to Win Exciting Prizes
Join Now: https://www.gate.io/activities/answer-earn/?ch=AnswerEarnNUMI&refUid=16678328#Can BTC Stand Above $80K? #Risk Strategies in Downtrend #Upcoming CPI & PPI Data Releases
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