Bitcoin Rebounds $7,000 Before Facing Resistance at $82,000

Odaily News: After falling to $74,913 on September 16, Bitcoin rebounded by approximately $7,000 on September 18-19, reaching a high of $81,914. As of Sunday morning, its price was around $80,438, down about 1% over 24 hours.

Bitcoin failed to hold above the $82,000 level after two attempts to test it, with short-term support in the $80,000-$80,300 range and resistance in the $81,500-$82,300 range. On the daily chart, 13 out of 15 moving average indicators are positive, with Bitcoin's price above the EMA and SMA across all timeframes. (Bitcoin.com News)