$BTC flushed below recent lows and immediately found strong bids, signaling absorption rather than continuation. Selling pressure is losing momentum, with price holding above a key demand zone and failing to accelerate further down. As long as 75k holds, this move still looks corrective and favors a relief bounce back into higher resistance.
Bloombergās top strategist says $BTC could crash ~87% to $10,000 š
He compares the current selloff to 2008, where stocks, gold & crypto dump together. Bitcoin is already down ~40% from ATH. Fear cycle loading⦠or long-term opportunity? š
The push higher stalled quickly and sell pressure showed up on the first test, suggesting this move is corrective rather than a trend shift. Momentum is rolling over again and buyers arenāt getting acceptance above this zone, keeping downside continuation in play.
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Another flawless execution on $BTC USDT. The strategy is printing money. Binance is the playground. Get ready for the next wave. We are just getting started.
Technical View: Short MAs stay below the 200-MA, keeping the trend bearish. MACD histogram is expanding negative, confirming seller control. RSI near 23 signals oversold, so a small bounce may appear, but not a reversal. Losing 80k opens the path toward the 74kā76k demand zone. Manage risk, no all-in.