■━━━━━━━━━━━━━━□
BTC Erases the Holiday Rally
□━━━━━━━━━━━━━━■
BTC climbed to $84,340 before reversing sharply 📉
It then dropped to $82,349, wiping out the gains built up over the holiday period.
🔻 What changed?
・Failed to hold above $84K
・Rejected near the 1H 200MA
・Lost key moving averages on both the 15m and 1H charts
・Spot CVD fell sharply alongside price
This looks less like a routine pullback and more like a breakdown of the short-term bullish structure.
🔶 Key levels to watch
・$82,349 — Recent low
・$82.0K–$82.2K — Lower liquidation liquidity zone
・$83.0K–$83.5K — Potential resistance on a rebound
The holiday rally has been erased, but BTC has not yet broken its October 9 low near $80,345.
Short-term bias: Bearish.
The next question is whether buyers can defend the recent low or if BTC heads lower.
$BTC #Bitcoin #trade
BTC Erases the Holiday Rally
□━━━━━━━━━━━━━━■
BTC climbed to $84,340 before reversing sharply 📉
It then dropped to $82,349, wiping out the gains built up over the holiday period.
🔻 What changed?
・Failed to hold above $84K
・Rejected near the 1H 200MA
・Lost key moving averages on both the 15m and 1H charts
・Spot CVD fell sharply alongside price
This looks less like a routine pullback and more like a breakdown of the short-term bullish structure.
🔶 Key levels to watch
・$82,349 — Recent low
・$82.0K–$82.2K — Lower liquidation liquidity zone
・$83.0K–$83.5K — Potential resistance on a rebound
The holiday rally has been erased, but BTC has not yet broken its October 9 low near $80,345.
Short-term bias: Bearish.
The next question is whether buyers can defend the recent low or if BTC heads lower.
$BTC #Bitcoin #trade