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Crypto

BTC Price Stuck Below Resistance as Order Block Looms

Guavy AI Editorial Team
Instruments
BTC
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Bitcoin's price is currently hovering around $81,615, but it remains below the crucial resistance level of $81,497.33.

The $80,486 four-hour order block acts as a key support for Bitcoin, and if this level holds, it could pave the way for a retest towards an upside target of $82,100.

This technical price action is significant for crypto traders who are monitoring BTC's support/resistance levels, order block strategies, and short-term market risk.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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