BlockchainBaller
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Bearish
DISTROYEDDDDDD Where are the ones who predicted#BTC☀️ hitting $520K or even $300K❓Looks like reality just hit hard❗I already told you it wasn’t going to recover anytime soon❗$BTC /USDT Dropping Sharply – Will $80K Hold?
#Bitcoin has plunged to $80,000.01, losing 4.18%, with a sharp breakdown from $84,123.46. The price hit a low of $79,332.00, testing crucial support. Buyers are attempting to regain control, but momentum remains weak.
Key Levels to Watch:
Resistance: $81,200 – A reclaim could push BTC toward $82,250.
Support: $79,332 – Losing this level could accelerate a drop to $78,500.
Trade Setup – Next Move?
Long Entry: If BTC holds above $80,000, targets are $81,200 and $82,250.
Short Entry: A break below $79,332 could open the way to $78,500 and $77,000.
Stop-Loss: $79,800 for longs, $80,500 for shorts.
BTC needs a strong bounce to avoid further downside. Watch for volume confirmation and a potential reversal.
#Bitcoin has plunged to $80,000.01, losing 4.18%, with a sharp breakdown from $84,123.46. The price hit a low of $79,332.00, testing crucial support. Buyers are attempting to regain control, but momentum remains weak.
Key Levels to Watch:
Resistance: $81,200 – A reclaim could push BTC toward $82,250.
Support: $79,332 – Losing this level could accelerate a drop to $78,500.
Trade Setup – Next Move?
Long Entry: If BTC holds above $80,000, targets are $81,200 and $82,250.
Short Entry: A break below $79,332 could open the way to $78,500 and $77,000.
Stop-Loss: $79,800 for longs, $80,500 for shorts.
BTC needs a strong bounce to avoid further downside. Watch for volume confirmation and a potential reversal.
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