#BTCBelow80K
short trade signal of BTC đ
BEARS IN CONTROL AS BITCOIN DROPS BELOW CRITICAL SUPPORT!
Bitcoin is displaying strong bearish momentum after breaking below the key $80,300 support level. With lower highs and increasing sell volume on the 4-hour chart, bears have regained control. The price action confirms sellers' strength, and unless buyers step in swiftly, further downside pressure is expected.
The breakdown is supported by a sharp drop in MACD and consistent red candles, reinforcing a negative outlook for the short term.
Trade Setup (SHORT):
Entry Price: $79,000
Take Profit (TP): $78,000 / $76,500
Stop Loss (SL): $80,500
Market Outlook:
The bearish structure remains intact, with key momentum indicators like MACD and EMA crossover pointing toward sustained selling. A confirmed break below $78,600 opens the door to the next demand zone at $76,500. Caution is advised during high volatility hours, but the trend remains downward as of now.
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