๐Ÿšจ BITCOIN TESTS US$80K AND BOUNCES BACK: REAL SUPPORT OR JUST A BREATHER?
Bitcoin $BTC had some eventful hours.
๐Ÿ“‰ Over the past 24 hours, Bitcoin fell to approximately US$79,736.
๐Ÿ“ˆ Then buyers stepped in, and the price climbed back to around US$82.3K.
But the battle is far from over.
In addition to elevated inflation in the US, spot Bitcoin ETFs recorded approximately US$261 million in outflows, keeping pressure on the market. Binance
Hereโ€™s what Iโ€™d be watching now:
๐Ÿ”น US$80K โ€” can buyers continue to defend this level?
๐Ÿ”น US$82.5K โ€” breaking above the recent high could signal a recovery in momentum.
๐Ÿ”น ETF FLOWS โ€” are outflows slowing down or continuing?
โš ๏ธ A rebound after a decline doesnโ€™t guarantee another rally.
๐Ÿ“Š Open the Bitcoin chart and follow the battle.
What do you think will happen first?
๐ŸŸข Breakout above US$82.5K
๐ŸŸก Consolidation
๐Ÿ”ด Another test of US$80K
๐Ÿ‘‡ Share your take in the comments and follow Rios Negรณcios to keep up with the next moves.
Educational content. Not investment advice.
Source: Binance Market Data
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