Bitcoin fell below the $78,000 level on August 29, 2026, while Ethereum and the broader crypto market also moved lower. The decline followed hawkish comments on inflation and monetary policy, with elevated leverage and liquidations adding to selling pressure. �
The Economic Times
Why it matters:
$78K was a key short-term support zone after BTC recently traded near $80K–$81K. Losing this area can increase volatility and push traders into risk-off mode. The current move is a confirmed market event, not a guaranteed signal of a deeper crash.
Key levels to watch:
Below $78K: bearish pressure remains active
Recovery above $80K: could improve short-term structure
$80.8K–$83.3K: major resistance zone reported during the recent rally �
The Economic Times
Risk: High leverage may trigger more liquidations. Avoid chasing both panic sells and sudden relief pumps. Use strict risk management.
Ready-to-post Binance Square article
📉 $BTC LOSES THE $78K SUPPORT
Bitcoin dropped below $78,000 today, while $ETH and the wider crypto market also came under pressure.
The move was linked to hawkish inflation comments, rising leverage, and fresh liquidations across the market. This is why volatility is expanding quickly. �
The Economic Times
👀 Levels I’m watching:
🔴 Below $78K = sellers still in control
🟢 Above $80K = short-term recovery signal
⚠️ $80.8K–$83.3K = major resistance zone
No panic. No FOMO. Let price confirm the next move before taking a position.
$BTC — RISK IS RISING, STAY DISCIPLINED.
$BTC #bitcoin #crypto #BİNANCESQUARE #trading
The Economic Times
Why it matters:
$78K was a key short-term support zone after BTC recently traded near $80K–$81K. Losing this area can increase volatility and push traders into risk-off mode. The current move is a confirmed market event, not a guaranteed signal of a deeper crash.
Key levels to watch:
Below $78K: bearish pressure remains active
Recovery above $80K: could improve short-term structure
$80.8K–$83.3K: major resistance zone reported during the recent rally �
The Economic Times
Risk: High leverage may trigger more liquidations. Avoid chasing both panic sells and sudden relief pumps. Use strict risk management.
Ready-to-post Binance Square article
📉 $BTC LOSES THE $78K SUPPORT
Bitcoin dropped below $78,000 today, while $ETH and the wider crypto market also came under pressure.
The move was linked to hawkish inflation comments, rising leverage, and fresh liquidations across the market. This is why volatility is expanding quickly. �
The Economic Times
👀 Levels I’m watching:
🔴 Below $78K = sellers still in control
🟢 Above $80K = short-term recovery signal
⚠️ $80.8K–$83.3K = major resistance zone
No panic. No FOMO. Let price confirm the next move before taking a position.
$BTC — RISK IS RISING, STAY DISCIPLINED.
$BTC #bitcoin #crypto #BİNANCESQUARE #trading