📊 $BTC Update — Aug 29
BTC remains weak after failing to reclaim $80K.
🔴 Bias: Bearish/Neutral
🚧 Resistance: $80K–$80.8K
🛡️ Support: $76.5K–$77K
I wouldn’t chase shorts after the sharp drop. If $76.5K–$77K holds, BTC could rebound toward $79K–$80K.
A decisive break below $76.5K could trigger further downside.
⚠️ Use a stop-loss. Not financial advice.
#BTC #BTCGoldCorrelation
BTC remains weak after failing to reclaim $80K.
🔴 Bias: Bearish/Neutral
🚧 Resistance: $80K–$80.8K
🛡️ Support: $76.5K–$77K
I wouldn’t chase shorts after the sharp drop. If $76.5K–$77K holds, BTC could rebound toward $79K–$80K.
A decisive break below $76.5K could trigger further downside.
⚠️ Use a stop-loss. Not financial advice.
#BTC #BTCGoldCorrelation