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$BTC BTC Market Update
Bitcoin is trading lower after a sharp sell-off from the recent high.
Price is currently hovering near 82,800, where the market is slowing down.
This area is important for the next move.
Key Support Levels
Main Support Zone
The 81,000–83,000 zone is the most important support right now.
Price reacted strongly from this area in the past.
If this zone holds, a short-term bounce is possible.
Lower Support
If price breaks below 81,000, selling pressure may increase.
The next support to watch is near 79,000.
Resistance Levels
Immediate Resistance
The first resistance sits around 85,000.
Price needs to move above this level to show early strength.
Higher Resistance
If buyers regain control, the next resistance levels are:
87,000
90,000
These zones previously acted as strong selling areas.
Market Direction
BTC is in a corrective phase after a strong decline.
Buyers remain cautious, while sellers are still active below resistance.
A clear move above resistance or below support will decide the next direction.