$BTC AT A CRITICAL SUPPORT ZONE โ $78K OR $86K NEXT?
Guys, $BTC is currently trading around $81K after facing multiple rejections from the $86Kโ$87K resistance zone. Price has now slipped below the $82K support area, and sellers are starting to gain control in the short term.
๐ Bearish Scenario: If BTC fails to reclaim $82K and selling pressure continues, we could see a move toward $80K, followed by $78Kโ$76K.
๐ Bullish Scenario: If buyers step in and BTC reclaims $82K with strong momentum, a recovery toward $84K and potentially $86K could be on the table.
โ ๏ธ Key Levels to Watch:
- Resistance: $82Kโ$84K - Major resistance: $86Kโ$87K - Support: $80K - Next downside zone: $78Kโ$76K
My view: BTC is at a crucial decision point. A strong reclaim of $82K could bring buyers back into the game, while continued rejection could lead to further downside.
Stay patient, watch the breakout or breakdown, and manage your risk. Don't trade based on emotions. ๐ฅ
If BTC holds above $85K, buyers could attempt another push toward the recent high. But losing the $85K area could trigger a deeper pullback toward $84Kโ$83K.
For now, letโs see whether BTC can turn $86K into support or needs to cool off a bit more.
Guys, $BTC is showing signs of weakening momentum after failing to maintain the recent upside move. On the 4H chart, price is struggling around the $84K area and sellers are starting to step in.
If BTC loses the $83Kโ$84K support zone with strong selling pressure, I think we could see a deeper pullback toward:
$82K โ $81K โ $80K
For now, Iโm watching how BTC reacts around $83K. If buyers defend this area and reclaim $85K, the bearish setup could weaken.
But if support breaks, the $80K area could come back into focus.
Not financial advice โ manage risk and donโt overleverage.
$CVC Guys, the people who bought $CVC today are already in profit. Those who bought 7 days ago are also in profit. The same goes for people who bought 30 days ago, 90 days ago, and even 180 days ago โ they are all currently sitting in profit.
And you know what people usually do when they are in profit? They start taking profits.
Thatโs why I expect $CVC to face rejection from these levels. The people who are already in profit may start selling and taking their gains, which could create strong selling pressure.
Thatโs why, based on my analysis, I believe $CVC could dump from here.
$ENA SHORT Now Entry: 0.1608 TP1: 0.1576 TP2: 0.1547 TP3: 0.1515 SL: 0.1656 ENA is facing rejection after a sharp breakout, with momentum cooling near the $0.16โ$0.166 resistance area. The 4H setup favors a pullback/short while price remains below the recent high zone. #Altcoin Season#