🚨 BTC Flash Update: The Bears Are Awake! 📉

Good morning traders! Last night, right at the US session open, #Bitcoin experienced a sharp $2,000 dump, dropping from $80,400 to roughly $78,753. This sudden move wiped out millions of dollars in over-leveraged Long positions! 💥

Looking at the charts, $BTC has decisively pierced through the crucial support at $79,298 (forming a bearish ChoCH). With this level breached, it is highly likely we will need to retest the next major support zone around $78,300 ±.

💡 My Advice: Protect your capital and wait for price action confirmation at $78.3K before stepping in.

👇 Do you think this $78.3K support will hold, or are we going deeper? Let me know your targets in the comments!

BTC
BTCUSDT
79,111
-2.81%

$ETH

ETH
ETHUSDT
2,222.56
-3.52%

$BNB

BNB
BNBUSDT
673.52
-1.17%