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[BTC cycle tracker] Bitcoin tests $81,900 support as $82,000 resistance comes into focus

[BTC cycle tracker] Bitcoin tests $81,900 support as $82,000 resistance comes into focus

Photo: TokenPost

Bitcoin is trading above its weekly point of control while testing support at $81,900. The weekly resistance peak at $82,000 is the immediate level in focus for a sustained rebound. At $81,900, bitcoin sits at the boundary between its weekly support and resistance zones. Holding this level and clearing the concentration of trading activity overhead are the main tests for the recovery. As of October 22, the weekly price heatmap places the strongest point of control (POC) near $81,600. This marks the price with the greatest concentration of trading activity over the past week.

Source: TokenPost

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