Many people are worried about whether $BTC will continue to fall, but based on the current technical structure, buyers aren’t giving up easily yet.
Bitcoin is still above the 50-week EMA, the 50-week SMA, the ascending trend support band, and the May high.
If these levels continue to hold, it would indicate that the market structure still has a degree of resilience.
Next, I’ll be watching $80K closely.
If this level can stabilize, then a move toward $90K next isn’t out of the question. 📈
But don’t forget: support levels need to be confirmed by the market in practice. What really matters is whether the price can remain stable—not simply whether sentiment is bullish or bearish.
Keep watching for $BTC’s next move.
Bitcoin is still above the 50-week EMA, the 50-week SMA, the ascending trend support band, and the May high.
If these levels continue to hold, it would indicate that the market structure still has a degree of resilience.
Next, I’ll be watching $80K closely.
If this level can stabilize, then a move toward $90K next isn’t out of the question. 📈
But don’t forget: support levels need to be confirmed by the market in practice. What really matters is whether the price can remain stable—not simply whether sentiment is bullish or bearish.
Keep watching for $BTC’s next move.