BlockchainBaller
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Bearish
#BTC☀️ $520k after this crash ❓I warned you before 2 hrs ago about #BTC 's little pump, and now it's unfolding just as expected, fluctuating between $80K and $82K. But what comes next❓ Is this the beginning of a major crash like in previous cycles, or just a temporary shakeout❓ Could #BTC really plunge to $50K, or is that just speculation❓ Drop your thoughts below❗#Bitcoin Struggles to Hold Above $82,000 – Reversal or More Downside?
#Bitcoin is currently trading at $82,001, down 4.84%, after bouncing from a 24-hour low of $80,000. The recovery is facing resistance, raising concerns about further downside pressure.
Key Levels to Watch:
Resistance: $83,500 – Breaking this level could push BTC toward $85,000.
Support: $80,000 – Losing this level could see a deeper correction to $78,500.
Trade Setup – Next Move?
Long Entry: Above $83,500, next targets are $85,000 and $86,200.
Short Entry: Below $80,000, expect a slide toward $78,500.
Stop-Loss: $79,800 for risk management.
BTC needs a strong push above resistance to confirm bullish momentum. Traders should watch volume closely to confirm direction.
#Bitcoin is currently trading at $82,001, down 4.84%, after bouncing from a 24-hour low of $80,000. The recovery is facing resistance, raising concerns about further downside pressure.
Key Levels to Watch:
Resistance: $83,500 – Breaking this level could push BTC toward $85,000.
Support: $80,000 – Losing this level could see a deeper correction to $78,500.
Trade Setup – Next Move?
Long Entry: Above $83,500, next targets are $85,000 and $86,200.
Short Entry: Below $80,000, expect a slide toward $78,500.
Stop-Loss: $79,800 for risk management.
BTC needs a strong push above resistance to confirm bullish momentum. Traders should watch volume closely to confirm direction.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
