đš $BTC is getting dangerously close to the $80K psychological level.
Bitcoin has dropped from above $83K to around $80.6K, and this is where Iâm watching the reactionânot trying to catch a falling knife.
My checklist:
đč Can buyers defend $80K?
đč Does selling pressure start fading?
đč Can BTC reclaim $81Kâ$82K?
đč Does the 15M chart form a higher low?
đč Does any bounce come with real volume?
For me, simply touching support is NOT enough.
I want:
Support â Stabilization â Reclaim â Confirmation
If $80K holds, the reaction could become interesting.
If it breaks decisively, forcing a long makes no sense.
$BTC
Does $80K holdâor are we about to see another leg lower? đ
#BTC #Bitcoin #CryptoTrading #RiskManagement #BinanceSquare
Bitcoin has dropped from above $83K to around $80.6K, and this is where Iâm watching the reactionânot trying to catch a falling knife.
My checklist:
đč Can buyers defend $80K?
đč Does selling pressure start fading?
đč Can BTC reclaim $81Kâ$82K?
đč Does the 15M chart form a higher low?
đč Does any bounce come with real volume?
For me, simply touching support is NOT enough.
I want:
Support â Stabilization â Reclaim â Confirmation
If $80K holds, the reaction could become interesting.
If it breaks decisively, forcing a long makes no sense.
$BTC
Does $80K holdâor are we about to see another leg lower? đ
#BTC #Bitcoin #CryptoTrading #RiskManagement #BinanceSquare