Greeks.live: If the current momentum continues, bitcoin potential rotation target price or 85,000 dollars
Greeks.live released a community briefing, which stated that despite today's price increase, the community appears to be bearish in the medium term, and most traders expect continued volatility after the recent market volatility. Key price levels to watch for Bitcoin include support at $79,000 and resistance at $83,300. If the current momentum continues, 85,000 the dollar or a potential roundabout target price for Bitcoin. Traders noted that position management is crucial in the current situation, as most people will take profits after a quick market reversal of more than 70%.