Bitcoin may face a decline toward the lower $80,000 range, according to a trader who suggests the recent dip is logical.
As Bitcoin teeters near the $90,000 threshold, technical indicators such as the Ichimoku Cloud suggest a potential retracement to the $83,900 level, highlighting the importance of strategic market analysis for traders and investors alike. Amid this volatility, substantial buy walls noted at the $86,000 mark could offer a cushion, suggesting a tactical opportunity for stakeholders to recalibrate their positions in anticipation of future movements.
Radom Team