Bitcoin just got rejected hard from $82,300 and now sitting at $77,985.

1. Technical Analysis

• Rejection: BTC failed to hold above $80K. Now trading below MA(7) $78,412 and MA(25)
  $78,957. 💯

• RSI: Daily RSI dropped to 37. Still room to fall to oversold.✅

• Support Zone: Next major support is at $70,084. ✅
  

  If that breaks, $65,600 is next.

2. What I'm Watching

• Volume: 24h volume 1.09B USDT. Sellers are in control.❗️❗️❗️

• Macro: Profit taking after the run to $82K.❕❕

3. My Strategy

I'm looking for a short on $BTCUSDT with a target of $70,000.

• Entry: $77,800 - $78,200 zone🆘

• Target: $70,000 ⭕️

• Stop Loss: $80,500 ❌

• Risk:Reward: 1:3.1

Do you think BTC will bounce here or dump to $70K?

Drop your target below📉🛑