🚨 $BTC It didn’t just bounce… it broke through 80K. Is the market starting to forget its fear… or is 80K the next trap?
The price jumped from a low near 75.6K to 80.6K after BTC fund outflows slowed from $643 million to $115.6 million.
The second reason: around $461.8 million in overleveraged positions were liquidated, easing forced selling pressure and giving buyers some room.
🔑 Resistance now: 80.6–81K; breaking through and closing above it opens the way to 82K.
⚠️ New support: 80K; if it gives way, the price could retest 78K, then 76K.
But the hard truth: BTC funds are still seeing outflows, and the rebound needs actual buying—not just futures buying.
💬 Are you betting BTC will hold above 80K… or is this an area where whales will sell?
#BTC #crypto
The price jumped from a low near 75.6K to 80.6K after BTC fund outflows slowed from $643 million to $115.6 million.
The second reason: around $461.8 million in overleveraged positions were liquidated, easing forced selling pressure and giving buyers some room.
🔑 Resistance now: 80.6–81K; breaking through and closing above it opens the way to 82K.
⚠️ New support: 80K; if it gives way, the price could retest 78K, then 76K.
But the hard truth: BTC funds are still seeing outflows, and the rebound needs actual buying—not just futures buying.
💬 Are you betting BTC will hold above 80K… or is this an area where whales will sell?
#BTC #crypto