Second phase $GRASS airdrop! tutorial in my profile. š°
BlockchainBaller
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Bearish
#BTCāļø SHOCKWAVE Is Bitcoin Crashing to $40K or LowerāChaos in the crypto streetsāJust three days ago I warned about a drop to $96Kā$79K, and now it's unfolding exactly as predicted. From a peak of $96K, $BTC has nosedived to $79K in just days brutal corrections and panic selling are shaking the market. Will Bitcoin bounce back or is the real bloodbath still aheadā#Bitcoin Crashes Below $80K ā Is This the Beginning of a Major Correction?
$BTC /USDT is now trading at $79,412, marking an 8.15% drop, with a sharp decline from its 24h high of $87,078 to a low of $79,152. With growing selling pressure, traders are questioning whether this is a temporary dip or the start of a deeper pullback.
Key Levels to Watch
Resistance: $80,440 ā A break above this level could push BTC back toward $82,675.
Support: $79,152 ā If BTC fails to hold this level, the next downside targets are $78,000 and $76,500.
Trade Setup ā Managing the Risk
Long Entry: Above $80,500, targeting $82,000 and $83,500.
Short Entry: Below $79,000, with downside targets at $78,000 and $76,500.
Stop Loss: $81,000 for longs, $80,000 for shorts.
Market Sentiment ā Will BTC Hold or Break Down Further?
Parabolic SAR confirms a strong downtrend.
MACD shows extended bearish momentum.
Order Book: 63% buy-side dominance, but selling pressure remains high.
Can BTC recover, or is a deeper correction on the horizon? Keep an eye on these crucial levels!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
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