๐จ $BTC and $ETH are at a decisive moment
Bitcoin has fallen back below $80,000, and Ethereum has dropped below $2,300, with around $200 million in leveraged positions liquidated in less than an hour.
For me, the $79,000โ$80,000 zone is the best area to watch for a potential Bitcoin bounce, especially after liquidity was swept and many long positions were liquidated.
Either it bounces from here, or it loses $79,000 and closes a daily candle below itโin which case we could enter a very bearish phase.
Honestly, Iโm heavily invested and see plenty of opportunities in crypto.
Letโs see whether buyers step in and we hold these levels, or whether it breaks further to the downside ๐