Bitcoin Breaks Below $80K — Key Levels to Watch
Post Text:
BTC has lost the $80K handle. Weekend selling pushed price to ~$79,200 before a weak bounce was rejected near $80,900–$81,000.
The critical zone: $79,600–$80,000. A daily close below $79,200 opens the door to $78,000–$78,600.
Data point that matters: 64% of net long positions were built above the current spot price, with the average entry at $81,993. Those longs are underwater — if price stays below, liquidation pressure could accelerate.
Retail inflows to exchanges doubled to $10.75B in 30 days, but whale inflows dropped from $5.9B to $3.8B. Someone is distributing into strength.
#BTC
Post Text:
BTC has lost the $80K handle. Weekend selling pushed price to ~$79,200 before a weak bounce was rejected near $80,900–$81,000.
The critical zone: $79,600–$80,000. A daily close below $79,200 opens the door to $78,000–$78,600.
Data point that matters: 64% of net long positions were built above the current spot price, with the average entry at $81,993. Those longs are underwater — if price stays below, liquidation pressure could accelerate.
Retail inflows to exchanges doubled to $10.75B in 30 days, but whale inflows dropped from $5.9B to $3.8B. Someone is distributing into strength.
#BTC
