Posteo
fatin inna
$BTC standing above 82,000 doesn’t mean it has firmly held that level
$BTC has tested the 82,000 level several times in the past few days, each time holding above it.
Many people think this confirms support.
What this price level means:
82,000 is just a level that hasn’t been broken, not one that was bought up.
The upper level at 85,000 hasn’t been held, indicating sellers are still present.
What I actually did:
I treated 82,000 as support to enter, placing a stop loss just below 82,000.
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