$BTC pulls back as leverage flushes and volatility spikes
After touching overnight highs of $79,530,$BTC slipped down toward $76,000 marking a 4.4% intraday dip and sitting 7.6% below the month's peak of $82,284. Failed breakouts and profit-taking have triggered short-term long liquidations. Bulls must defend the $75,500 $76,000 support zone to keep the macro structure intact, while $80,000 $82,000 remains key resistance. Expect a healthy flush before the next expansion
DYOR
#Bitcoin
#BTC
#MarketUpdate
#Trading
After touching overnight highs of $79,530,$BTC slipped down toward $76,000 marking a 4.4% intraday dip and sitting 7.6% below the month's peak of $82,284. Failed breakouts and profit-taking have triggered short-term long liquidations. Bulls must defend the $75,500 $76,000 support zone to keep the macro structure intact, while $80,000 $82,000 remains key resistance. Expect a healthy flush before the next expansion
DYOR
#Bitcoin
#BTC
#MarketUpdate
#Trading
