#BTCvsMarkets Price Dropped! What Should We Do Now?

Bitcoin’s price went down a lot today.

It was around $83,500, and it fell to $77,153 — that’s a big drop.

Now it’s trying to go back up a little. The current price is around $77,848.

What’s happening?

• A lot of people sold their Bitcoin, so the price fell fast.

• It stopped falling near $77,153, which means that level is a strong support (a place where buyers come in).

• But Bitcoin needs to go back above $79,000 to look strong again.

Some important points:

• RSI (a tool traders use) is now near 41. That means the price went down too much and might go up soon.

• A lot of people are trading right now, which means big price moves could come soon.

What I will do:

• I will not buy now. I want to wait and see if the price goes above $79,000.

• If it goes below $77,000, the price might fall more, maybe to $76,000 or lower.

• I will be careful and wait for the right time.

In simple words:

• The market is not strong right now.

• It’s better to wait and watch.

• Don’t buy in a hurry.

• Let the chart show the next move.

Stay safe, and don’t let emotions control you.