Bitcoin Technical Analysis
Bitcoin maintains a strong bullish short-term structure, trading around $80,730 after breaking above the psychologically important $80,000 level. The MA5, MA10 and MA20 remain positively aligned, with price holding above all three averages, confirming continued buying interest.
The immediate resistance is positioned at $81,265, which marks the latest high. A sustained break above this level could strengthen the bullish momentum and open the way toward $82,000, followed by the $83,000 area.
On the downside, $80,500 is the first short-term support, followed by $80,000 and the MA20 around $79,520. A deeper correction could bring the previous breakout area near $78,400 into focus.
For now, the technical outlook remains bullish as long as Bitcoin holds above its key short-term support levels.
Bitcoin 1H Chart
| Resistance | $81,268 | $83,026 | $85,273 |
| Support | $78,507 | $77,400 | $76,675 |
Gold Technical Analysis
Gold remains in a strong bullish trend, although momentum has eased following its move toward a high of $4,696. The precious metal is trading around $4,641 after pulling back sharply before finding stability near the $4,620 area.
Despite the recent correction, the broader price structure continues to show higher highs and higher lows, keeping the underlying bullish trend intact.
The MA5, MA10 and MA20 remain supportive, although price is currently trading close to the moving-average cluster. This suggests that short-term momentum has weakened, but the broader bullish structure has not yet been invalidated.
The key resistance zone is $4,696–$4,700. A decisive break above $4,700 could pave the way toward $4,730 and potentially higher levels.
On the downside, $4,620 is the first key support, followed by $4,600 and the stronger $4,510 area.
The overall bias remains bullish, but gold would need to reclaim $4,650–$4,670 and eventually clear $4,700 to regain stronger upside momentum. A sustained move below $4,600 would weaken the current bullish setup.
Gold 1H Chart
| Resistance | $4,659 | $4,700 | $4,730 |
| Support | $4,615 | $4,586 | $4,562 |
Brent Technical Analysis
Brent crude has shifted into a short-term bearish structure, trading around $91.66 after retreating from a recent high of $95.08. Price action now shows a series of lower highs and lower lows, signalling a clear change from the previous bullish trend.
The decline has also pushed Brent below its key moving averages. The MA5, MA10 and MA20 are now positioned bearishly and pointing lower, indicating that sellers currently have control of the short-term trend.
Immediate support is located around $91.25–$91.55. A decisive break below this zone could expose the previous major low near $90.86.
On the upside, $92.10–$92.45 represents the first resistance area, with $92.85 acting as the next level to watch. Stronger resistance remains around $94.17–$95.08.
The short-term bias remains bearish below $92.45. A sustained recovery above this zone would be needed to signal that buyers are beginning to regain control and potentially reverse the current trend.
Brent
| Resistance | $94.17 | $95.00 | $96.23 |
| Support | $90.86 | $89.27 | $88.29 |
Market Outlook
Bitcoin continues to lead with strong bullish momentum after breaking above $80,000, while gold remains broadly bullish despite a short-term consolidation phase. Brent crude presents a contrasting picture, with bearish momentum dominating below $92.45.
Traders may monitor the key support and resistance levels across these markets for potential changes in momentum and trend direction.
