๐จ #BTC $75,000 NEXT? The Perfect Short Setup?
Bitcoin is currently around $81,100, after a sharp sell-off from the $84Kโ$86K area.
The chart is showing some interesting signals:
๐ 4H RSI: ~12 โ Extremely oversold
๐ 1H RSI: ~25 โ Oversold
๐ด Strong selling volume
โ ๏ธ BTC is testing the $80,800โ$81,000 support zone
If $80,800 breaks and BTC confirms below this level, the next downside areas Iโm watching are:
๐ฏ $80,000
๐ฏ $78,000
๐ฏ $76,000โ$75,000
But there is one important warning:
โ ๏ธ RSI is already deeply oversold, so a short-term relief bounce can happen before another dump.
For me, the smarter approach is not to chase the current red candle.
Wait for confirmation below $80.8K, then look for a safer short entry on a retest.
If BTC loses $75K, the whole market could see another strong wave of liquidation.
BTC $75K โ possible or not? ๐
#Bitcoinโ #BTC #BinanceSquare
$BTC #FutureTradingSignals
Bitcoin is currently around $81,100, after a sharp sell-off from the $84Kโ$86K area.
The chart is showing some interesting signals:
๐ 4H RSI: ~12 โ Extremely oversold
๐ 1H RSI: ~25 โ Oversold
๐ด Strong selling volume
โ ๏ธ BTC is testing the $80,800โ$81,000 support zone
If $80,800 breaks and BTC confirms below this level, the next downside areas Iโm watching are:
๐ฏ $80,000
๐ฏ $78,000
๐ฏ $76,000โ$75,000
But there is one important warning:
โ ๏ธ RSI is already deeply oversold, so a short-term relief bounce can happen before another dump.
For me, the smarter approach is not to chase the current red candle.
Wait for confirmation below $80.8K, then look for a safer short entry on a retest.
If BTC loses $75K, the whole market could see another strong wave of liquidation.
BTC $75K โ possible or not? ๐
#Bitcoinโ #BTC #BinanceSquare
$BTC #FutureTradingSignals