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Trader Journals:::2026-05-07T03:17:40

#Bitcoin chart analysis

#Bitcoin chart analysis

Today, the price of #Bitcoin failed to continue its rise and consolidate it. In the first half of the day, the price was approaching 83000, but then a correction started, which intensified during the American session. As a result, the price is now trading around 81200. It remains to monitor the situation further. A retest of the 80000 level may be conducted, followed by a new wave of growth. In any case, the priority is currently on growth and buying. I am waiting for a move towards the strong resistance zone at 83500-84000. From there, I consider the possibility of a significant rebound. I believe that the medium-term prospects will be determined during this week.
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