$BTC
#BBVABitcoinGreenlight #MarketPullback #MarketPullback #JobsReportShock $
1. Recent Support Levels:
- A support level was formed near $78,258, where the market bounced.
- If this support is tested again and breaks, BTC could drop to $76,000 - $75,000.
2. Resistance Levels:
- The $83,500 - $84,000 zone will act as resistance.
- If BTC breaks above this level, it could push towards $90,000.
3. Indicators:
Bollinger Bands are tightening, indicating lower volatility.
MACD and moving averages are trending downward, suggesting further downside.
-180-day data shows a 40% gain, meaning the long-term trend is still bullish.
### Expected Closing Price Next Week:
-Bullish Scenario (if $84K resistance breaks): BTC may reach $90K.
-Bearish Scenario (if $78K support breaks): BTC may drop to $76K - $75K.
Note: The crypto market is highly volatile, making exact predictions difficult. Always use stop-loss when trading.