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π $BTC Daily Market Outlook
Bitcoinβs recent dip to $79,820 only briefly tapped the upper boundary of the $77Kβ$80K Daily FVG. Price has since bounced toward $81.6K, but bullish momentum remains weak.
For buyers to regain control, BTC needs a strong daily close above $84.2K.
If price continues to struggle below this resistance, another downside move could be on the table. A sweep below Thursdayβs low at $79,820 may open the door for a deeper move toward the $78.5K midpoint (CE) of the Daily FVG.
Key levels to watch:
πΉ Resistance: $84.2K
πΉ Support/liquidity zone: $79.82K
πΉ Potential downside target: $78.5K
The outlook: BTC needs to reclaim $84.2K to strengthen the bullish case. Otherwise, a final liquidity sweep to the downside may come before a potential recovery.
Stay patient and let price confirm the next move.
Crypto international team
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