$BTC is really testing people patience around 80k rn 😂
Price got rejected from almost 84.9k and since then it’s basically been bleeding lower, now sitting around 80.8k with 80.5k already tested.
What i don’t like short term is that price is still below MA25 and MA99, so bulls haven’t really reclaimed anything important yet.
But i also wouldn’t rush to short after this drop either.
80k area is exactly where i wanna see how buyers react, bcz if BTC keeps holding here and finally takes back 81.3k-82.2k, then this whole move can just become another shakeout.
If 80.5k breaks clean tho… yeah, then bears probably gonna ask for more 😭
So, are you buying this dip or still waiting lower ?
$BTC
Price got rejected from almost 84.9k and since then it’s basically been bleeding lower, now sitting around 80.8k with 80.5k already tested.
What i don’t like short term is that price is still below MA25 and MA99, so bulls haven’t really reclaimed anything important yet.
But i also wouldn’t rush to short after this drop either.
80k area is exactly where i wanna see how buyers react, bcz if BTC keeps holding here and finally takes back 81.3k-82.2k, then this whole move can just become another shakeout.
If 80.5k breaks clean tho… yeah, then bears probably gonna ask for more 😭
So, are you buying this dip or still waiting lower ?
$BTC