$BTC Faces Triple Top Rejection at $80.5K! 📉
$BTC /USDC is down -1.05% trading at $80,330. > Chart is showing clear rejection from the 80,500$ zone 3 times.
Price has now broken below MA60 (80,404) with a high volume sell-off.
Is this a dip opportunity or start of a deeper correction?
My view: As long as we are below 80.4K, bears are in control for short term. Key support to watch is 80.1K - 79.8K.
What do you think? Buying this dip or waiting?
#BTC #bitcoin
#CryptoAnalysis
$BTC /USDC is down -1.05% trading at $80,330. > Chart is showing clear rejection from the 80,500$ zone 3 times.
Price has now broken below MA60 (80,404) with a high volume sell-off.
Is this a dip opportunity or start of a deeper correction?
My view: As long as we are below 80.4K, bears are in control for short term. Key support to watch is 80.1K - 79.8K.
What do you think? Buying this dip or waiting?
#BTC #bitcoin
#CryptoAnalysis
