$BTC BTC is showing signs of exhaustion after rallying from $62,000 to $80,000. Price is struggling to break the $80,000–$81,000 resistance zone, suggesting sellers are becoming more active.
A clear breakdown below $77,500 would strengthen the bearish setup, with potential downside targets at $75,000, $72,500, and eventually $66,000–$68,000.
The most important level is $72,500. If BTC loses it with strong volume, the correction could accelerate toward $66,000.
As long as BTC remains below $81,000, I would favor the bearish scenario. A daily close above $81,000 would weaken or invalidate this setup.
Short now 👇🔴
A clear breakdown below $77,500 would strengthen the bearish setup, with potential downside targets at $75,000, $72,500, and eventually $66,000–$68,000.
The most important level is $72,500. If BTC loses it with strong volume, the correction could accelerate toward $66,000.
As long as BTC remains below $81,000, I would favor the bearish scenario. A daily close above $81,000 would weaken or invalidate this setup.
Short now 👇🔴
