📉 Bitcoin's price is currently approaching a major resistance level.

📊 We notice that the price has hit the strong resistance zone (Resistance) located between $80,000 and $84,000. Bitcoin has failed to break through this area multiple times, confirming massive selling pressure from whales who refuse to allow the price to surpass this peak for now. Buying momentum has clearly started to fade at these critical levels.
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⚠️ Bitcoin's price will face a sharp decline in May, reaching its lowest levels
📉🌋 Technical indicators paint a frightening scenario for the upcoming May. After failing at resistance, a free fall in price is expected.
The price is heading directly to break the previous (Demand zone) and to test the ascending (Support) line.
Forecasts indicate a sharp drop bringing Bitcoin's price down to $68,000, which could determine the entire market's fate. If this support is broken, we may see lower levels not seen since the beginning of the year. 📉🌑
💾 Save this chart now, as you may need it later.
⏳📌 In the coming weeks. History repeats itself, and when assets fail to break historic resistance, the correction is fierce and painful for unprepared traders.
Advice: Watch the $78,136 level carefully (Current price on the chart); any daily close below this level will be the first shot in the downward journey toward $68,000. Be prepared to secure profits or hedge, because May could be a digital bloodbath. 🩸💸
$BTC