$BTC BEARS ARE BACK? Bitcoin is struggling to reclaim the $85K–$87K zone, while price is currently hovering around $83K. The relief bounce may be losing momentum. If BTC fails to hold the current support zone, my bearish scenario is: $83K → $80K → $73K → $65K → $53K A deeper correction toward $53K is my downside scenario, not a guaranteed target. The key level to watch now: $80K. Lose it, and the market structure could get much uglier.
Bitcoin traders are heading into an important week as fresh U.S. economic data could influence expectations around the Federal Reserve’s next decision.
🇺🇸 Tuesday: JOLTS Job Openings + Consumer Confidence 🇺🇸 Wednesday: Federal Reserve officials’ speeches 🇺🇸 Thursday: Jobless Claims + ISM Manufacturing PMI 🇺🇸 Friday: NFP Jobs Report + Unemployment Rate + Wage Data
📊 The market will be watching employment, economic growth and inflation-related signals closely.
🔥 Stronger-than-expected numbers could affect expectations for interest rates, while weaker data may create a different market outlook.
⚠️ Bitcoin could see increased volatility this week. Trade carefully and manage risk.
I’m exploring the $CASH ecosystem and learning more about its development, use cases, and community. I’m interested to see how the project develops over time and what opportunities it may bring to the community. Verification Code: SR-EFC6E5E622C9206283BDEB64
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