Important Alert for Traders | Expected 5% Drop in Bitcoin!
Technical analysis indicates a potential upcoming price correction for Bitcoin, which could reach -5% in the coming hours or days.
Strong resistance levels at $83,000 have started showing signs of weakening momentum.
Smart money has begun gradually pulling out of the market.
A negative crossover has appeared on technical indicators (RSI - MACD) on the 4-hour timeframe.
Danger Zone: Breaking the support level at $78,500
Possible Entry Zone: Upon retesting at $76,800
Stop Loss: Daily close above $83,200
Take Profit: Around $74,000 – $72,500
Tip: Never enter the market without a clear stop-loss plan. The market is highly volatile, and smart risk management is key to survival.