📉 $BTC Bearish Breakdown: $80K Support Lost
$BTC printed a heavy high-volume breakdown candle on the 4H, breaching key $80,000 support to tap $79,220 (-2.4% 24h, -2.2% 7d).
Key Levels:
• Resistance: $80,500 (1H EMA9) & $81,200 (flipped support)
• Support: $79,200 local low & $78,500 demand zone
1H RSI is heavily oversold at 24.4, suggesting a quick relief retest is possible. But without reclaiming $80.5K, the path of least resistance remains lower.
Will bulls defend $79K, or is $78K coming next? 👇
#Bitcoin #Crypto #Trading
$BTC printed a heavy high-volume breakdown candle on the 4H, breaching key $80,000 support to tap $79,220 (-2.4% 24h, -2.2% 7d).
Key Levels:
• Resistance: $80,500 (1H EMA9) & $81,200 (flipped support)
• Support: $79,200 local low & $78,500 demand zone
1H RSI is heavily oversold at 24.4, suggesting a quick relief retest is possible. But without reclaiming $80.5K, the path of least resistance remains lower.
Will bulls defend $79K, or is $78K coming next? 👇
#Bitcoin #Crypto #Trading