#ShareYourThoughtOnBTC ๐จ $BTC /USDT BEARISH OUTLOOK ๐ | $70K BUY ZONE?
Bitcoin is facing selling pressure, trading at $80,974, down 3.21% over the last 24 hours.
๐ MY BTC TRADING PLAN
๐ด Current Price: $80,974
๐ฏ Buy Limit: $70,000
๐ฐ Sell Target: $85,000
๐ KEY LEVELS TO WATCH
๐ข Near Support: $80,226
๐ด Resistance Zone: $82,400โ$84,000
๐ฏ Potential Buy Zone: $70,000
โ ๏ธ Why Could $BTC Fall Further?
โข The daily chart shows bearish momentum.
โข $BTC is trading below its 7-day and 25-day moving averages.
โข The MACD remains negative, indicating continued selling pressure.
๐ก My Strategy: Iโm watching the $70K level for a potential buying opportunity and $85K as a possible profit-taking target. However, BTC could reverse before reaching $70K, so patience and risk management are essential.
๐ฌ Whatโs your prediction? Will Bitcoin drop to $70,000 or recover toward $85,000 first? ๐
#Bitcoin #BTC
Bitcoin is facing selling pressure, trading at $80,974, down 3.21% over the last 24 hours.
๐ MY BTC TRADING PLAN
๐ด Current Price: $80,974
๐ฏ Buy Limit: $70,000
๐ฐ Sell Target: $85,000
๐ KEY LEVELS TO WATCH
๐ข Near Support: $80,226
๐ด Resistance Zone: $82,400โ$84,000
๐ฏ Potential Buy Zone: $70,000
โ ๏ธ Why Could $BTC Fall Further?
โข The daily chart shows bearish momentum.
โข $BTC is trading below its 7-day and 25-day moving averages.
โข The MACD remains negative, indicating continued selling pressure.
๐ก My Strategy: Iโm watching the $70K level for a potential buying opportunity and $85K as a possible profit-taking target. However, BTC could reverse before reaching $70K, so patience and risk management are essential.
๐ฌ Whatโs your prediction? Will Bitcoin drop to $70,000 or recover toward $85,000 first? ๐
#Bitcoin #BTC