#BTCBelow80K fell below key support – The downtrend is becoming more intense!
Price Action: BTC/USDT is currently around $79,000, after breaking below the critical support of $80K. The 4H chart shows a descending triangle that broke (rejection at the peak of ~$83.8K) leading to a sharp drop below key support. The downtrend remains intact with lower highs and lower lows. The main support is now at $76,000, while the broken level of $80,000 serves as immediate resistance.