$BTC #TheBitcoinAct Bitcoin's Current Support Zone and Future Correction Scenario

Bitcoin has experienced significant volatility over the past few weeks, as the market navigates both bearish pressures. As of now, the cryptocurrency is testing a crucial support zone, which will play a key role in determining its next move.

Currently, Bitcoin’s support zone is around the 80k range. This region has proven to be a solid level of support in recent weeks, where buyers have stepped in to prevent a further downward move. This zone is also close to previous price action, indicating it may hold strong in the short term.

If Bitcoin fails to maintain above this support, the next major level to watch would be the 75 to 77K region. A breach below this could signal further bearish momentum, potentially leading to a more substantial price correction. On the upside, Bitcoin would need to reclaim the 85 to 90k range to maintain a bullish outlook in the medium term.