$BTC REJECTED AGAIN... The bears take control
BTC encountered strong resistance near the 82,500 level and has now fallen to 79,900.
79,000 is the key support to watch now.
If 79,000 breaks, I see a larger correction toward 77,000–75,000.
If 79,000 holds, a bounce could occur, but 82,500 remains strong resistance.
The outlook remains weak... The bulls need to reclaim 82,500 to regain momentum.
Trade carefully and use a stop loss.
$BTC #BitcoinDropsBelow$80K
BTC encountered strong resistance near the 82,500 level and has now fallen to 79,900.
79,000 is the key support to watch now.
If 79,000 breaks, I see a larger correction toward 77,000–75,000.
If 79,000 holds, a bounce could occur, but 82,500 remains strong resistance.
The outlook remains weak... The bulls need to reclaim 82,500 to regain momentum.
Trade carefully and use a stop loss.
$BTC #BitcoinDropsBelow$80K
