$BTC : Rejected at $84,300 — Is Another Drop Coming? 📉
Bitcoin attempted to reclaim the $84,300 resistance but failed, with sellers pushing price back down.
For now, the short-term structure remains bearish while $BTC trades below this level.
🔻 Bearish scenario: the immediate next support zones are $83,000–$82,630 and if #BTC loses to this level and confirms a breakdown, the next areas to watch are $82,000 and the $80,400 demand zone.
🟢 Bullish scenario: If buyers defend support and $BTC reclaims $84,300, we could see another attempt toward $84,550 and higher resistance.
⚠️ My focus: Will sellers break support, or will buyers defend it and force another recovery?
I won't assume the next move. I'll watch the reaction at these key levels and wait for confirmation.
What do you see next for BTC continuation down or another bullish recovery?
#CryptoPatience #TechnicalAnalysis
#BitcoinOptionsVolatilityHitsFiveYearLow
Bitcoin attempted to reclaim the $84,300 resistance but failed, with sellers pushing price back down.
For now, the short-term structure remains bearish while $BTC trades below this level.
🔻 Bearish scenario: the immediate next support zones are $83,000–$82,630 and if #BTC loses to this level and confirms a breakdown, the next areas to watch are $82,000 and the $80,400 demand zone.
🟢 Bullish scenario: If buyers defend support and $BTC reclaims $84,300, we could see another attempt toward $84,550 and higher resistance.
⚠️ My focus: Will sellers break support, or will buyers defend it and force another recovery?
I won't assume the next move. I'll watch the reaction at these key levels and wait for confirmation.
What do you see next for BTC continuation down or another bullish recovery?
#CryptoPatience #TechnicalAnalysis
#BitcoinOptionsVolatilityHitsFiveYearLow