$BTC Rejected at $85,037 - Is $84,500 The Next Support? ⚠️*
Bitcoin faced rejection! After hitting *$85,037.63*, $BTC dropped to *$84,698.01*
Here's what the 15m chart is telling us:
*Bearish Signal on 15m:*
- Price dropped from $85,037.63 high to $84,558.00 low - sharp $480 drop
- Now trading BELOW MA(7): $84,801.51 and MA(25): $84,865.86
- Testing crucial MA(99) Support: $84,693.28 - If breaks, more downside coming
- MA(7) crossed below MA(25) - Short-term bearish momentum
*BUT Big Bullish Hint:*
- Order Book: *96.69% Bid vs 3.31% Ask* - Massive buying walls! Whales are waiting to buy this dip
- Volume: 49.22 BTC (4.17M USDT) in last candles - High volume selloff = potential reversal zone
- Today still -0.30% only, 30D still +4.25% and 90D +34.85% - Uptrend intact
*My Plan:* Holding above $84,693 (MA99) is key. If holds, bounce back to $85K. If breaks, next support $84,304.
#BTC #bitcoin #BTCUSDT. #CryptoCrash #BuyTheDip #CryptoTrading #Binance #Support
Bitcoin faced rejection! After hitting *$85,037.63*, $BTC dropped to *$84,698.01*
Here's what the 15m chart is telling us:
*Bearish Signal on 15m:*
- Price dropped from $85,037.63 high to $84,558.00 low - sharp $480 drop
- Now trading BELOW MA(7): $84,801.51 and MA(25): $84,865.86
- Testing crucial MA(99) Support: $84,693.28 - If breaks, more downside coming
- MA(7) crossed below MA(25) - Short-term bearish momentum
*BUT Big Bullish Hint:*
- Order Book: *96.69% Bid vs 3.31% Ask* - Massive buying walls! Whales are waiting to buy this dip
- Volume: 49.22 BTC (4.17M USDT) in last candles - High volume selloff = potential reversal zone
- Today still -0.30% only, 30D still +4.25% and 90D +34.85% - Uptrend intact
*My Plan:* Holding above $84,693 (MA99) is key. If holds, bounce back to $85K. If breaks, next support $84,304.
#BTC #bitcoin #BTCUSDT. #CryptoCrash #BuyTheDip #CryptoTrading #Binance #Support
