🚨 STOP & WATCH — $BTC
MAY HAVE MORE DOWNSIDE 👀📉
$BTC pushed toward the $87K area but failed to hold the breakout. Price is now back around the $84K–$85K zone, keeping the rejection in focus.
Here’s the downside roadmap I’m watching 👇
🔻 $85K — first key level
Lose it → downside pressure can increase.
🔻 $70K — major historical breakout area
A deeper correction could bring this zone into focus.
🔻 $58K — major lower support
If $70K fails, this becomes a much bigger reaction zone.
🔻 $52K — extreme downside scenario
A move here would represent a much deeper market reset, not a normal pullback.
⚠️ BUT: These are support zones, NOT guaranteed targets.
The macro picture has also shifted, with October Fed rate-hike expectations falling sharply after weak U.S. jobs data.
I’m not chasing the move.
👀 I’m waiting for BTC to show its hand.
LET THE MARKET COME TO US.
#BTC #Bitcoin #Crypto #CryptoTrading #TechnicalAnalysis #BitcoinAnalysis #BTCUSDTUPDATE #Trading #FedNews #BinanceSquare
MAY HAVE MORE DOWNSIDE 👀📉
$BTC pushed toward the $87K area but failed to hold the breakout. Price is now back around the $84K–$85K zone, keeping the rejection in focus.
Here’s the downside roadmap I’m watching 👇
🔻 $85K — first key level
Lose it → downside pressure can increase.
🔻 $70K — major historical breakout area
A deeper correction could bring this zone into focus.
🔻 $58K — major lower support
If $70K fails, this becomes a much bigger reaction zone.
🔻 $52K — extreme downside scenario
A move here would represent a much deeper market reset, not a normal pullback.
⚠️ BUT: These are support zones, NOT guaranteed targets.
The macro picture has also shifted, with October Fed rate-hike expectations falling sharply after weak U.S. jobs data.
I’m not chasing the move.
👀 I’m waiting for BTC to show its hand.
LET THE MARKET COME TO US.
#BTC #Bitcoin #Crypto #CryptoTrading #TechnicalAnalysis #BitcoinAnalysis #BTCUSDTUPDATE #Trading #FedNews #BinanceSquare
