📉 BTC: CORRECTION OR DEEPER DROP?
Bitcoin is showing weakness again after several rejections near $87,000.
The key zone is now $83,300–$83,800.
🔄 If BTC recovers this zone:
we could be looking at a correction, with another move toward $86,000–$87,000.
🔻 If it loses $83,300:
the risk of a move toward $82,000–$82,500 increases.
⚠️ And if it also loses $80,000, the short- to medium-term structure would deteriorate considerably.
For now, BTC is at a decisive zone.
The question isn’t whether it will fall or rise, but which support it manages to defend.
👀 Just a correction… or the beginning of a deeper drop?
Bitcoin is showing weakness again after several rejections near $87,000.
The key zone is now $83,300–$83,800.
🔄 If BTC recovers this zone:
we could be looking at a correction, with another move toward $86,000–$87,000.
🔻 If it loses $83,300:
the risk of a move toward $82,000–$82,500 increases.
⚠️ And if it also loses $80,000, the short- to medium-term structure would deteriorate considerably.
For now, BTC is at a decisive zone.
The question isn’t whether it will fall or rise, but which support it manages to defend.
👀 Just a correction… or the beginning of a deeper drop?