⚠️ Bitcoin Rejects $79K - How Low Can BTC Drop After the Flash Crash? $BTC is back testing key support! After touching ~$79,500, Bitcoin quickly slipped toward $77,000 and triggered roughly $547M in crypto liquidations. Why does this pullback matter? 💡 Leverage is still elevated. The rebound shows buyers are still active, helped by $307.45M in U.S. spot Bitcoin ETF inflows on Aug. 21. But the failed breakout above $79K keeps downside risk open if selling returns. 📉 🎯 Key Levels to Watch: - First Support: $77K – $71K zone - Deeper Target: $70K, with liquidity extending toward $68K With PCE, Q2 GDP, Nvidia earnings and Jackson Hole all coming next week, macro headlines could decide the next big move. Holding $77K keeps the recovery alive - another rejection near $79K could open the door lower. 👀 #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
