BTC/USD Technical Analysis – Bullish Recovery Setup
Timeframe: 45-Minute Chart Current Price: $83,052 Market Bias: Short-Term Bullish, Overall Trend Still Cautious ### 1. Market Structure Bitcoin experienced a strong decline from the $87,000 resistance area toward $80,500 support. After reaching this low, price recovered and began consolidating around $83,000, indicating that buyers are attempting to regain control. ### 2\.
Key Support and Resistance - **Immediate Support:** $82,500–$82,750 - **Major Support:** $80,500–$80,750 - **First Target (TP1):** $84,900 - **Second Target (TP2):** $86,600 - **Major Resistance:** $86,850–$87,200 ### 3\…
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- Sunday, 11 October 2026, 6:28 pm IST
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