Med
The article discusses bitcoin retracing from its highs and hitting resistance at $82,000, potentially ending its current rally. however, it also highlights a strong demand zone between $70,000-$73,000, an ascending trendline, and the 50% fibonacci retracement level, suggesting a potential bullish reversal. the price is currently in a sideways movement, with a clear resistance at $82,000 and support around $70,000-$71,000.
Med
Neutral
The price is currently in a sideways movement after hitting resistance. there's a potential for both upward movement if it breaks $82,000 and downward movement if it breaks below the ascending trendline around $71,000.