The movement $BTC is currently weakening after failing to hold above the bullish channel.
📉 Price has dropped from the resistance area of 82K and is now approaching a critical support level around 79.4K–78K.
What's starting to show:
• Bullish momentum is starting to weaken
• Selling pressure is increasing
• Price breaks out of the top channel
• Market is starting to wait & see
🟢 Bullish scenario
If BTC can hold above support:
🚀 Potential rebound to:
• 81.6K
• 84K
🔴 Bearish scenario
If support breaks down:
📉 Potential correction deeper to:
• 78K
• 76K
⚠️ The current area is quite crucial, so don't just FOMO your entry.
In your opinion:
Is BTC just having a healthy correction or will it continue to drop? 👇
#BTC #bitcoin #CryptoNewss #trading #Binance
BTC
83,995.72
+0.03%