🚨 $BTC CRASHING – IS THE NIGHTMARE JUST BEGINNING? 🚨
Bitcoin just nosedived to $86,845, erasing gains and plunging -3.80% in a brutal red candle! A harsh rejection from $92,810 triggered a wave of panic selling, sending BTC crashing toward its $86,578 low.
📊 Key Levels to Watch
🔻 Support: $86,578 – A breakdown here could accelerate the dump toward $85,000 and possibly $83,500!
🔺 Resistance: $88,800 – BTC needs to reclaim this level to show signs of recovery.
📉 Trade Setup
💡 Short Entry: Below $87,200, targeting $86,000 → $85,000 → $83,500.
📈 Long Entry: Only above $88,800, targeting a recovery to $90,500 and higher.
🛑 Stop Loss: Keep tight SL at $89,000 for shorts and $86,500 for longs.
Weak buy pressure and increasing sell-side dominance signal further downside risk! If BTC fails to reclaim $88,800, expect more blood in the market. Are we heading into a deeper crash?
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