Crypto Market Reality Check: Is All season Already Over?
🚨 Was the All season Just Hype? Just yesterday, analysts were predicting a major altcoin rally, but within hours, Bitcoin ($BTC ) dropped from $87K to $83K, raising concerns about a deeper correction. Could this downtrend push BTC toward the $70K range? Stay cautious—this pullback might be just the beginning.
🔹 $BTC /USDT Update: Bitcoin at a Crucial Level! Currently trading at $84,450 (-2.49%), BTC is facing resistance at $86,610 and testing support at $83,500. A decisive move from here could determine whether BTC rebounds or dips further.
📊 Trade Setup:
🔵 Long Entry: Above $85,000
🎯 Targets: $85,600 | $86,000 | $87,000
🔴 Stop Loss: Below $83,500
📌 Market Insight: BTC is in a slight downtrend, with momentum weakening after recent highs. A close above $85,000 could spark a bullish rally, while a break below $83,500 may lead to deeper losses towards $81,500–$80,000. Will BTC regain strength, or is more downside ahead? Stay vigilant and trade smart!
#Bitcoin #CryptoMarket #BTC #Altcoins #Trading