You can see that most of $BTC 's funds are sitting in buy orders around 80.5k, which is why the price keeps holding at this level. Looking lower, the number of buy orders becomes much sparser. In other words, if the price breaks below 80k, it could easily trigger a chain reaction.
Still bearish on 80k. It's been tested so many times that it's bound to break eventually.
Still bearish on 80k. It's been tested so many times that it's bound to break eventually.