Bitcoin Futures Analysis for Today

tradeCompass: Bitcoin Futures Analysis for TodayBitcoin Price Analysis – Current Market ContextBitcoin Futures Price (BTC - Contract in Front): $83,315Intraday Bias: Bullish above $82,800, Bearish below itKey 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.Bitcoin futures analysis by tradeCompassBullish Trade Plan – Key Profit TargetsBitcoin 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 TargetsIf 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 TakeawaysBullish 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.