BTC just took a sharp dive, now trading at $79,950 after hitting a 24h high of $83,817 and a low of $79,636. That’s a -3.67% drop on the day, with heavy red candles marking strong selling pressure on the 15m chart. This kind of move is a reminder of how quickly sentiment can shift in the crypto markets.
While the longer-term trend is still green for the past 180 days (+27.66%) and 1 year (+17.95%), short-term traders are feeling the heat. If you're trading these swings, tight stop-losses and smart entries are essential.
Big question now: Is this just a healthy correction, or the start of deeper retracement?
Stay sharp, watch the support levels, and don’t let emotions rule your trades.
Risk management is everything.
Support: ~$79.6K | Resistance: ~$83.8K
Plan your moves wisely.
#BitcoinDrop #Volatility #RiskManagement
#BTCvsMarkets #StopLossStrategies
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