Key support breached; price plunges into deeper waters:
Price is currently moving down rapidly in search of support. The only level on the chart that can still provide medium-term support is the purple long-term moving average MA99 below (73,221).
If the bulls cannot quickly reclaim the lost ground at 83,000, the price is highly likely to retest the platform support near 75,000, or even test the strength of MA99 more deeply.$BTC
Price is currently moving down rapidly in search of support. The only level on the chart that can still provide medium-term support is the purple long-term moving average MA99 below (73,221).
If the bulls cannot quickly reclaim the lost ground at 83,000, the price is highly likely to retest the platform support near 75,000, or even test the strength of MA99 more deeply.$BTC