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Time Details
2025-02-28
16:50
Bitcoin Faces Crucial Resistance at $82K: Trading Scenarios

According to Michaël van de Poppe, Bitcoin is currently facing crucial resistance after taking liquidity and forming a high volume candle. Two potential scenarios have been outlined: First, Bitcoin could create a higher low at $82K and subsequently attack the resistance again, potentially breaking out upwards. Alternatively, Bitcoin might lose the $82K support, leading to a retest of the lows before rebounding. These scenarios are critical for traders to consider in their strategies. Source: Michaël van de Poppe.

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