đš #BTC $75,000 NEXT? The Perfect Short Setup?
Bitcoin is currently around $81,100, after a sharp sell-off from the $84Kâ$86K area.
The chart is showing some interesting signals:
đ 4H RSI: ~12 â Extremely oversold
đ 1H RSI: ~25 â Oversold
đŽ Strong selling volume
â ïž BTC is testing the $80,800â$81,000 support zone
If $80,800 breaks and BTC confirms below this level, the next downside areas Iâm watching are:
đŻ $80,000
đŻ $78,000
đŻ $76,000â$75,000
But there is one important warning:
â ïž RSI is already deeply oversold, so a short-term relief bounce can happen before another dump.
For me, the smarter approach is not to chase the current red candle.
Wait for confirmation below $80.8K, then look for a safer short entry on a retest.
If BTC loses $75K, the whole market could see another strong wave of liquidation.
BTC $75K â possible or not? đ
#Bitcoinâ #BTC #BinanceSquare
$BTC #FutureTradingSignals
Bitcoin is currently around $81,100, after a sharp sell-off from the $84Kâ$86K area.
The chart is showing some interesting signals:
đ 4H RSI: ~12 â Extremely oversold
đ 1H RSI: ~25 â Oversold
đŽ Strong selling volume
â ïž BTC is testing the $80,800â$81,000 support zone
If $80,800 breaks and BTC confirms below this level, the next downside areas Iâm watching are:
đŻ $80,000
đŻ $78,000
đŻ $76,000â$75,000
But there is one important warning:
â ïž RSI is already deeply oversold, so a short-term relief bounce can happen before another dump.
For me, the smarter approach is not to chase the current red candle.
Wait for confirmation below $80.8K, then look for a safer short entry on a retest.
If BTC loses $75K, the whole market could see another strong wave of liquidation.
BTC $75K â possible or not? đ
#Bitcoinâ #BTC #BinanceSquare
$BTC #FutureTradingSignals