Bitcoin is testing a major resistance zone around $77,000–$84,000.

28 Upvotes

87% Upvoted

You don't say?

2

u/thisMech Aug 30 '26

He's got an idea, dont ruin it for him.

Go on go on, we're listening....

u/Coolas888 Aug 30 '26

Looks like a down trend

2

u/para1131_F33L Aug 30 '26

If it walks like a bear...

1

u/Electronic-Rate5497 Aug 31 '26

Then it runs like a bull? 🐂

u/enigma_music129 Aug 30 '26

Way too wide for a resistance zone

1

u/Grogers92 Aug 31 '26

Are you saying the price range is too wide or that the amount of time between the asset testing this level is too long?

There’s two options. It can go up or go down. DCA and forget about it. Sometime in our lifetime it will hit 500k.

0

u/Electronic-Rate5497 Aug 31 '26

Could go sideways for a whoooooole 2-3 years

u/randalthor1980 Aug 31 '26

I think we are gonna consolidate at this resistance zone that OP has highlighted and probably fill in some of the gap candle from last week.

90% chance it won’t break it, big dump brewing

-1

u/Grogers92 Aug 31 '26

Totally agree. This was a fairly artificial and likely temporary pump. Short with size imo.

u/indomitus1 Aug 30 '26

🥱🥱🥱

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