🚨 Bitcoin Tests $80K Again: Bounce or Breakdown?
Bitcoin has tested the $80K support zone three times since October 8, while each rebound has become weaker.
📉 Key Levels:
• Support: $80K–$80.3K
• Recovery Target: $83K
• Bullish Confirmation: $84.6K
• Resistance: $86.8K
• Breakdown Targets: $77K, then $69K–$72K
ETF outflows have reached around $760M since October 7, while open interest continues to rise despite falling prices.
⚠️ A break below $80K could trigger further downside. Reclaiming $83K–$84.6K would strengthen the recovery outlook.
Will BTC reach $94K or drop toward $65K first?
#bitcoin #BTC #Crypto #altcoins
Bitcoin has tested the $80K support zone three times since October 8, while each rebound has become weaker.
📉 Key Levels:
• Support: $80K–$80.3K
• Recovery Target: $83K
• Bullish Confirmation: $84.6K
• Resistance: $86.8K
• Breakdown Targets: $77K, then $69K–$72K
ETF outflows have reached around $760M since October 7, while open interest continues to rise despite falling prices.
⚠️ A break below $80K could trigger further downside. Reclaiming $83K–$84.6K would strengthen the recovery outlook.
Will BTC reach $94K or drop toward $65K first?
#bitcoin #BTC #Crypto #altcoins