Bitcoin’s false breakout: a drop to 80,000 or a return above 83,600?
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Bitcoin reached 85,000, but made a false breakout from the local range and fell back to 82,000. While the price remains below 83,600, my main scenario is a continued decline, potentially taking out the lows around 80,000.
$BTC #BTC
If you find my market reviews, Bitcoin and altcoin analysis, trading ideas, and crypto-related content useful, please support me with your vote.
👇 It’ll only take a few seconds:
👉 https://www.binance.com/en/square/profile/profit_pilot
Open my profile and click Vote.
Bitcoin reached 85,000, but made a false breakout from the local range and fell back to 82,000. While the price remains below 83,600, my main scenario is a continued decline, potentially taking out the lows around 80,000.
$BTC #BTC