$BTC Price Action: BTC/USDT is currently around $79,000, after breaking below the critical $80K support. The 4H chart shows a descending triangle breakdown (rejection at ~$83.8K highs) that led to a sharp fall under key support. The downtrend remains intact with lower highs and lower lows. Major support now sits at $76,000, while the broken $80,000 level acts as immediate resistance.

Indicators:

MACD: Bearish momentum increasing – MACD is falling further below the signal line.