Bitcoin Breakout Fails Hard .
bitcoin has suffered a sharp rejection from the $80,000 level and is now trading back near $75,200. the short-term market structure has shifted back to a bearish bias.
we are currently testing critical support at the 50-week moving average. if the $75,000 zone fails to hold, we could see a deeper correction toward the $74,000 and $72,000 targets. we need to see stronger spot buying step in to prevent further downside.
are you buying this dip or waiting for lower levels? let me know your targets below 👇
#Bitcoin #CryptoCrash #BitcoinChart #ChainByteMedia
$BTC
$ETH
$BNB
Disclaimer: Not financial advice. Always do your own research.
bitcoin has suffered a sharp rejection from the $80,000 level and is now trading back near $75,200. the short-term market structure has shifted back to a bearish bias.
we are currently testing critical support at the 50-week moving average. if the $75,000 zone fails to hold, we could see a deeper correction toward the $74,000 and $72,000 targets. we need to see stronger spot buying step in to prevent further downside.
are you buying this dip or waiting for lower levels? let me know your targets below 👇
#Bitcoin #CryptoCrash #BitcoinChart #ChainByteMedia
$BTC
$ETH
$BNB
Disclaimer: Not financial advice. Always do your own research.