📉 #BTCUSDT Update 📉
Bitcoin is currently hovering around the key support zone, as shown in the chart. After multiple rejections from the strong trendline, it recently broke below the triangle structure, signaling a short-term bearish move. I'm anticipating one more potential downside sweep toward the wick area ($76K–$78K), which is a major support zone on the higher time frame. This could be the final shakeout before a strong rebound.
💡 Key Levels to Watch:
🔻 Support Zone: $78,000 – $76,884 → A crucial area where BTC could find strong support and trigger a bounce.
🚀 Upside Potential: If BTC holds this zone, we may witness a sharp recovery toward the $90,000 – $94,000 region.
📌 Strategy:
✅ Look for long entries around the support zone with a tight SL.