Question n° 462 ·
What support and resistance price levels should beginners watch when Bitcoin trades between $82,000 and $93,000?
- Beginners should watch support around seventy-five thousand to eighty thousand dollars and resistance near ninety-five thousand to one hundred thousand
- Beginners should watch support around ninety thousand to ninety-two thousand dollars and resistance near ninety-three thousand to ninety-four thousand dollars
- Beginners should watch support around eighty-two thousand to eighty-five thousand dollars and resistance near ninety thousand to ninety-three thousand dollars Bonne réponse
Pourquoi est-ce la bonne réponse?
This is correct because support levels act like a price floor—if Bitcoin falls toward eighty-two to eighty-five thousand dollars, buyers often step in. Resistance levels act like a ceiling—when Bitcoin approaches ninety to ninety-three thousand dollars, selling pressure can increase. Beginners can use these key levels to set buy orders near support and sell orders near resistance while monitoring how the price behaves around these areas.