has just lost a support level that had been holding for weeks. $79,500 was the line bulls needed to defend. After multiple tests, sellers have finally pushed BTC below it. We're now trading around $78K, with the latest 4H candle reaching as low as $76,371. And here's the problem. The $79,500 level is now the first area Bitcoin needs to reclaim. Until that happens, it risks turning former support into resistance. If buyers manage to recover $79,500, we could see some relief towards $81K. But if #BTC remains below it, another move lower cannot be ruled out. The bigger resistance levels remain $83,500 and $87,000. For now, the 4H structure has weakened considerably. Bulls need to get that $79,500 level back quickly.