🔴 BTC Back to $60K? After Rejection at $80K, What’s Next? 📉
Bitcoin hit resistance near $80,000, triggering a sharp pullback. Traders are split: Retesting $60K or consolidated pause before breaking higher?
Key Takeaways
📉 Whale Profit-Taking: Inflows to exchanges point to short-term spot selling.
🛑 Overbought RSI: Technical indicators signal divergence after the recent rally.
🛡️ Support to Watch: $75,000 (Immediate) → $60,000 (Major Demand Zone).
$BTC #bitcoin #crypto #BinanceSquare #TechnicalAnalysis
Bitcoin hit resistance near $80,000, triggering a sharp pullback. Traders are split: Retesting $60K or consolidated pause before breaking higher?
Key Takeaways
📉 Whale Profit-Taking: Inflows to exchanges point to short-term spot selling.
🛑 Overbought RSI: Technical indicators signal divergence after the recent rally.
🛡️ Support to Watch: $75,000 (Immediate) → $60,000 (Major Demand Zone).
$BTC #bitcoin #crypto #BinanceSquare #TechnicalAnalysis
