Bitcoin is moving with Wall Street right now. $BTC ’s corre

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Bitcoin is moving with Wall Street right now.

$BTC ’s correlation with Gold and major U.S. stock indices, especially the S&P 500, is currently very high.

We are also in the peak hours of the U.S. trading session, which explains part of the extreme volatility we are seeing.

Bitcoin has basically turned into a roller coaster over the past few minutes.

For now, as long as BTC fails to reclaim and trade back above the important $80,330 level, the risk of another move lower remains.

I’m watching Gold and the S&P 500 alongside BTC, because their next move could directly influence Bitcoin.

Pejmanzwin

Haussier

BTC Holds Support Twice — Is $81.4K Next?

Bitcoin attacked the Support Zone ($79,150-$80,400) twice over the past few days, but sellers failed both times.

More importantly, $BTC formed higher lows. Buyers are still defending this area.

Now the first trigger is $80,550.

If buyers break this level with momentum, I expect Bitcoin to fill the CME Gap ($80,650-$80,835) and attack the Resistance Zone ($80,680-$81,100).

Above $80,830, the next story becomes the Cumulative Short Liquidation Leverage ($80,920-$81,400), followed by ($82,180-$82,660) if momentum remains strong.

Key Levels: $80,130 | $80,550 | $80,830 | $81,660
Long Liquidation: ($78,520-$78,970)

For me, $80,550 is the first key trigger.

What comes first?

🟢 Breakout toward ($80,920-$81,400)
🔴 Another test of the Support Zone

Avertissement : ce contenu inclut des opinions de tiers. Il ne constitue pas un conseil. Binance Ai peut être utilisée, sans garantie de résultat. Consultez les CG.

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