BTC short-term outlook: Follow me
Strong bearish displacement after losing the 81K area. Price is now consolidating around 79.5K after sweeping lower liquidity.
I’m watching 79.2K–78.8K as the key support zone. If buyers defend it, a relief bounce toward 79.9K–80.3K is possible.
If 78.8K breaks cleanly, I’d expect continuation toward 78.4K.
Bias: bearish until 80K+ is reclaimed. #BTC #USWeeklyInitialJoblessClaimsRiseTo206000 #trading
Strong bearish displacement after losing the 81K area. Price is now consolidating around 79.5K after sweeping lower liquidity.
I’m watching 79.2K–78.8K as the key support zone. If buyers defend it, a relief bounce toward 79.9K–80.3K is possible.
If 78.8K breaks cleanly, I’d expect continuation toward 78.4K.
Bias: bearish until 80K+ is reclaimed. #BTC #USWeeklyInitialJoblessClaimsRiseTo206000 #trading
