Bitcoin Price Analysis – Current Market Context

• Bitcoin Futures Price (BTC – Contract in Front): $83,315
• Intraday Bias: Bullish above $82,800, Bearish below it
• Key Threshold: $82,800 (Thursday’s POC) & $82,944 (Today’s VWAP Support)

📌 Bitcoin futures found solid support just under today’s VWAP at $82,944, aligning with key technical levels. As long as price remains above $82,800, the bias remains bullish on the intraday timeframe. However, if Bitcoin breaks below $82,800, bearish targets come into play.

Bullish Trade Plan – Key Profit Targets

Bitcoin remains above its bullish threshold, making long setups more favorable. If price continues upward, here are the key bullish targets:

1️⃣ $83,600 → Just below Friday’s Value Area Low (VAL)

2️⃣ $84,290 → Just below Thursday’s Value Area High (VAH)

3️⃣ $84,800 → Just below Friday’s POC (Point of Control)

4️⃣ $85,570 → Just below Thursday’s Value Area High (VAH)

5️⃣ $86,800 → Value Area Low (VAL) of March 7th

🎯 Risk Management Tip: Professional traders take profits incrementally, rather than holding for a single large move. These key levels provide logical exit points to mitigate risk.

Bearish Trade Plan – Key Profit Targets

If Bitcoin breaks below today’s VWAP at $82,944 and loses the $82,800 threshold, then the bearish scenario gains momentum. Here are the key bearish price targets:

1️⃣ $81,990 → Just above Thursday’s VWAP

2️⃣ $81,250 → VWAP of March 11th

3️⃣ $80,450 → VWAP of March 10th

4️⃣ $79,250 → Value Area Low (VAL) of March 11th

📌 Short traders should monitor reactions at these levels for potential buy orders and reversals.

Bitcoin Futures Today – Key Takeaways

• Bullish Bias: Above $82,800, with targets at $83,600, $84,290, and beyond.
• Bearish Bias: Below $82,800, with key support at $81,990 and $81,250.
• Traders should not just hold blindly—instead, use these key price levels as strategic points to lock in gains or reassess risk.
• Expect volatility—Bitcoin futures often see rapid movements around major levels.

🚨 Trade at your own risk. tradeCompass provides decision-support insights, not financial advice.

🔎 For more Bitcoin price analysis and futures insights, visit ForexLive.com.