⚠️ Is Bitcoin preparing for a recovery or another downside move?
Bitcoin is trading around $80.8K, while the broader crypto market is under pressure. BTC dominance near 59.4% suggests traders are favoring Bitcoin over many altcoins.
🔍 What traders should watch: • $80K — important psychological price level • A confirmed break above nearby resistance could support a recovery • A decisive breakdown below support could trigger further selling • Volume and liquidation data may help confirm the next move
🎯 My strategy: No blind entries. Wait for a confirmed breakout or breakdown, then manage risk carefully.