$USDC $USD1 1-YEAR MARKET ANALYSIS | BTC/Usdc
📉 Annual Performance: Bitcoin has declined approximately 24.6% year over year, from around $108,074 to $81,540.
🟠 Current Trend: Volatility remains elevated as BTC attempts to stabilize after a recent sell-off.
🟢 Key Support: $80,000 and $78,000.
🔴 Key Resistance: $82,500–$84,000.
🚀 Bullish Outlook: A confirmed breakout above resistance could support a recovery.
⚠️ Bearish Risk: Losing $80,000 may trigger further downside.
💡 Trading Strategy: Wait for confirmation, manage risk, and always use a stop-loss.
#BitcoinShortTermHoldersReach4.08MBTC #AustraliaProposesCryptoTransactionReportingLaw #USSeptemberPPIRisesTo6.3% #AustraliaProposesCryptoTransactionReportingLaw #trading
📉 Annual Performance: Bitcoin has declined approximately 24.6% year over year, from around $108,074 to $81,540.
🟠 Current Trend: Volatility remains elevated as BTC attempts to stabilize after a recent sell-off.
🟢 Key Support: $80,000 and $78,000.
🔴 Key Resistance: $82,500–$84,000.
🚀 Bullish Outlook: A confirmed breakout above resistance could support a recovery.
⚠️ Bearish Risk: Losing $80,000 may trigger further downside.
💡 Trading Strategy: Wait for confirmation, manage risk, and always use a stop-loss.
#BitcoinShortTermHoldersReach4.08MBTC #AustraliaProposesCryptoTransactionReportingLaw #USSeptemberPPIRisesTo6.3% #AustraliaProposesCryptoTransactionReportingLaw #trading