#bitcoindipsbelow
đ $BTC dips below $81,000
Bitcoin broke under $81K on Oct 8-9, with an intraday low near $80.5K. Over $1.1B was liquidated across crypto, and ETH slipped under $2,500.
What hit the market at once:
đž Oil spiked, with Brent near $105 on Middle East conflict
đž Iran strike fears
đž US government-linked wallets moved about 12K BTC
đž Fed signals weighing on risk appetite
What Iâm watching:
đŽ BTC lost its 20-day EMA but is still above the 50, 100 and 200-day EMAs, so the bigger uptrend isnât broken yet
đĄ $81.5Kâ$82K is the zone bulls need to reclaim
đ» If support fails, some analysts see $75K as a possible downside target
Price already bounced toward $82K after Iran strike fears eased, but this is a volatile market. Donât chase candles, and keep leverage under control.
Are you buying this dip or waiting for lower? đ
$BTC
đ $BTC dips below $81,000
Bitcoin broke under $81K on Oct 8-9, with an intraday low near $80.5K. Over $1.1B was liquidated across crypto, and ETH slipped under $2,500.
What hit the market at once:
đž Oil spiked, with Brent near $105 on Middle East conflict
đž Iran strike fears
đž US government-linked wallets moved about 12K BTC
đž Fed signals weighing on risk appetite
What Iâm watching:
đŽ BTC lost its 20-day EMA but is still above the 50, 100 and 200-day EMAs, so the bigger uptrend isnât broken yet
đĄ $81.5Kâ$82K is the zone bulls need to reclaim
đ» If support fails, some analysts see $75K as a possible downside target
Price already bounced toward $82K after Iran strike fears eased, but this is a volatile market. Donât chase candles, and keep leverage under control.
Are you buying this dip or waiting for lower? đ
$BTC