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Bitcoin stays near $81,800 amid crucial support defense

Bitcoin trades near $81,800, successfully defending its 50-day exponential moving average while showing weak recovery momentum and facing overhead resistance near $85,000 following a market correction.

admin17 hours ago2 min read

AnalysisAnalysis

Bitcoin stays near $83k as fading sell pressure eyes $89,337

Bitcoin stabilized near $82,800 on Wednesday as fading sell pressure maintained constructive technical indicators, with crucial support holding above the 50-day and 200-day EMAs while eyeing a resistance target of $89,337.

adminOctober 21, 20263 min read

Bitcoin stays near $81,800 amid crucial support defense

Bitcoin stays near $83k as fading sell pressure eyes $89,337

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