#bitcoindipsbelow
๐ $BTC dips below $81,000
Bitcoin broke under $81K on Oct 8-9, with an intraday low near $80.5K. Over $1.1B was liquidated across crypto, and ETH slipped under $2,500.
What hit the market at once:
๐ธ Oil spiked, with Brent near $105 on Middle East conflict
๐ธ Iran strike fears
๐ธ US government-linked wallets moved about 12K BTC
๐ธ Fed signals weighing on risk appetite
What Iโm watching:
๐ด BTC lost its 20-day EMA but is still above the 50, 100 and 200-day EMAs, so the bigger uptrend isnโt broken yet
๐ก $81.5Kโ$82K is the zone bulls need to reclaim
๐ป If support fails, some analysts see $75K as a possible downside target
Price already bounced toward $82K after Iran strike fears eased, but this is a volatile market. Donโt chase candles, and keep leverage under control.
Are you buying this dip or waiting for lower? ๐
$BTC
๐ $BTC dips below $81,000
Bitcoin broke under $81K on Oct 8-9, with an intraday low near $80.5K. Over $1.1B was liquidated across crypto, and ETH slipped under $2,500.
What hit the market at once:
๐ธ Oil spiked, with Brent near $105 on Middle East conflict
๐ธ Iran strike fears
๐ธ US government-linked wallets moved about 12K BTC
๐ธ Fed signals weighing on risk appetite
What Iโm watching:
๐ด BTC lost its 20-day EMA but is still above the 50, 100 and 200-day EMAs, so the bigger uptrend isnโt broken yet
๐ก $81.5Kโ$82K is the zone bulls need to reclaim
๐ป If support fails, some analysts see $75K as a possible downside target
Price already bounced toward $82K after Iran strike fears eased, but this is a volatile market. Donโt chase candles, and keep leverage under control.
Are you buying this dip or waiting for lower? ๐
$BTC