#BinanceHODLerMorpho 🚨 BTC | Sudden drop to 82K, followed by a quick recovery… What is happening now?
Bitcoin experienced, at times, a strong vertical drop reaching 82,000 USDT with enormous volume, before rising back above 83,900 in less than minutes.
This movement is not a normal correction, but indicates:
🔍 1) Liquidation of large positions (Liquidations)
The high volume and rapid drop confirm that the market faced strong selling pressure from large entities or sudden exits.
🐋 2) The movement of whales is clear: sell first… then buy at the bottom
Before the drop: there was a strong Dump and a clear Sell-off.
Immediately after touching 82K: smart buying started to come in (small accumulation), but still needs confirmation.
📉 3) The RSI fell to dangerously Oversold levels
The indicator reached extremely low levels → the market is excessively sold → a technical recovery was necessary.
📈 4) Will it really go up?
To say that the recovery is real, BTC:
needs to stabilize above 84,200
and show continuous buying volume
MACD should signal a reversal
Without these conditions, it may retest 82K again.
🧭 5) The most important levels now
support: 82,000
resistance 1: 84,200
resistance 2: 85,500
❓ Question for the community:
Do you see this movement as just a normal liquidation before the rise?
Or the beginning of a new wave of selling?
And who bought at the bottom? 😅👇
#BTC #Bitcoin #Crypto #MarketAnalysis #Whales #BTCVolatility #BTC90kBreakingPoint #BinanceHODLerMorpho #BitcoinSPACDeal
