#BTC☀ Breakdown❗ I Warned You About This Drop❗I informed you 3 hours ago that #BTC☀️ would drop further to $78K or even more, and now you can see it playing out exactly as predicted❗The market is struggling, with weak recoveries and selling pressure dominating. If BTC fails to reclaim $82K soon, we could see it sink further toward $75K or even $70K. However, a bounce from this zone could push it back toward $90K+. March will decide are bulls ready for a comeback, or is more pain ahead❓$BTC /USDT Analysis - Potential Rebound or Further Decline?
#Bitcoin has faced a sharp drop, currently trading at $80,263, marking a 7.30% decline in the last 24 hours. The price fell to a low of $78,258 before bouncing back slightly, indicating a potential recovery or short-term relief rally.
Key Levels to Watch
Resistance: $82,300 – A breakout above this level could push BTC toward $85,200.
Support: $78,200 – Holding this level is crucial; a breakdown could send BTC toward $76,500.
Trade Setup – Cautious Approach Recommended
Long Entry: If BTC stays above $79,500, upside targets are $82,300 and $85,200.
Short Entry: A breakdown below $78,200 could trigger a slide to $76,500.
Stop Loss: $77,500 for long positions, $81,000 for short positions.
Market Insight – Is This a Dip-Buying Opportunity?
MACD: Shows positive divergence, hinting at a possible recovery.
Volume: Strong sell-side pressure, but some buyers are stepping in.
Order Book: Nearly 99.79% selling pressure, suggesting further caution.
BTC remains volatile, and traders should manage risk carefully. A decisive move beyond key levels will determine the next trend.
#Bitcoin
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