๐ธ
Bitcoin is struggling below $85K, increasing the risk of further downside. Bulls must reclaim this level to regain control.
๐ธ Key Support Zone at $80K:
A minor support level where BTC could see a short bounce. However, losing this level could accelerate the downtrend, with the next critical support at $74K-$72K.
๐ธ Risk Level at $72K:
Losing $72K-$70K could open the doors for a deeper correction toward $55K-$50K, signaling a bearish breakdown with strong selling pressure.
๐ธ Watch Levels:
Bullish case: BTC must stay above $85K and push toward $90K+ for continuation.
Bearish case: Failure to reclaim $85K increases the risk of a drop to $72K, and if that level fails, a move toward $55K-$50K is likely.
Bitcoin is at a critical decision pointโtrade cautiously! ๐จ
Bitcoin is struggling below $85K, increasing the risk of further downside. Bulls must reclaim this level to regain control.
๐ธ Key Support Zone at $80K:
A minor support level where BTC could see a short bounce. However, losing this level could accelerate the downtrend, with the next critical support at $74K-$72K.
๐ธ Risk Level at $72K:
Losing $72K-$70K could open the doors for a deeper correction toward $55K-$50K, signaling a bearish breakdown with strong selling pressure.
๐ธ Watch Levels:
Bullish case: BTC must stay above $85K and push toward $90K+ for continuation.
Bearish case: Failure to reclaim $85K increases the risk of a drop to $72K, and if that level fails, a move toward $55K-$50K is likely.
Bitcoin is at a critical decision pointโtrade cautiously! ๐จ
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.