Bitcoin Price Analysis: More Danger Ahead as BTC Remains Below Broken Trendline?
Bitcoin has rebounded toward $83.3K after another test of nearby demand, but the recovery remains below the broken trendline support. Renewed big-whale spot activity adds another factor to watch, as large orders could introduce selling pressure while BTC struggles to reclaim resistance. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin’s rejection from […]
Bitcoin has rebounded toward $83,300 after another test of nearby demand, but the recovery remains below a broken trendline support, keeping the technical structure weak. Renewed large-whale spot activity is flagged as a risk, since big sell orders could add pressure while BTC struggles to reclaim resistance. Traders would watch whether price can reclaim the broken trendline; failure to do so keeps the near-term bias tilted lower.
