Gk_Aronno
--
Bitcoin at Critical Support – Will It Hold or Break?🤔🤔
$BTC
Bitcoin (BTC/USD) Forecast – Potential Breakdown Ahead?
Key Observations:
📉 Strong Support Retest: Bitcoin is currently testing a major support zone around $81,350 - $81,000.
📉 Bearish Momentum: The price has been in a steady downtrend, struggling to hold above key moving averages.
📉 Breakdown Potential: If Bitcoin fails to hold this support, we could see further downside towards $80,046, and possibly as low as $77,685.
Possible Scenarios:
🔴 Bearish Case: A clear break below $81,000 could accelerate selling, leading to a drop towards $80,000 or lower.
🟢 Bullish Case: If BTC holds this support and forms a reversal pattern, we might see a bounce back towards $83,000+.
⚠️ Watch for confirmation! A breakdown could trigger strong bearish momentum! 🚨
What’s your outlook for BTC? Will it hold or break down further? Let me know in the comments! 👇🔥
#Bitcoin #BTCUSD #Trading #TechnicalAnalysis #PriceAction
Bitcoin (BTC/USD) Forecast – Potential Breakdown Ahead?
Key Observations:
📉 Strong Support Retest: Bitcoin is currently testing a major support zone around $81,350 - $81,000.
📉 Bearish Momentum: The price has been in a steady downtrend, struggling to hold above key moving averages.
📉 Breakdown Potential: If Bitcoin fails to hold this support, we could see further downside towards $80,046, and possibly as low as $77,685.
Possible Scenarios:
🔴 Bearish Case: A clear break below $81,000 could accelerate selling, leading to a drop towards $80,000 or lower.
🟢 Bullish Case: If BTC holds this support and forms a reversal pattern, we might see a bounce back towards $83,000+.
⚠️ Watch for confirmation! A breakdown could trigger strong bearish momentum! 🚨
What’s your outlook for BTC? Will it hold or break down further? Let me know in the comments! 👇🔥
#Bitcoin #BTCUSD #Trading #TechnicalAnalysis #PriceAction
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
MUBARAK
0.0313
-9.01%