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#Bitcoin Stuck Below $90K – Is a Breakdown to $40K Coming❓Just 3 days ago, I warned about a drop to $82K–$80K, and now it’s playing out exactly as predicted... For the past three days, $BTC has failed to cross $90K, ranging between $82K and $87K with no clear breakout. The sharp drop from $96K to $82K has shaken the market will this consolidation lead to a rebound, or is a deeper crash toward $40K on the horizon❓#Bitcoin Attempts Recovery – Will Bulls Take Control❓$BTC is currently trading at $84,785.06, up 0.72%, after bouncing from a 24-hour low of $82,716.49. Buyers are stepping in, but resistance remains strong ahead.
Key Levels to Watch
Resistance: $85,377 – A breakout could push BTC towards $86,000 and $87,000.
Support: $83,458 – Losing this level may lead to further declines toward $82,500 and $82,000.
Trade Setup – Rebound or More Downside?
Long Entry: Above $85,000, targeting $86,000 and $87,000.
Short Entry: Below $83,500, with downside targets at $82,500 and $82,000.
Stop Loss: $84,600 for longs, $84,900 for shorts.
Market Outlook – Bullish Signs Emerging?
Parabolic SAR shows early signs of trend reversal.
MACD is turning positive, hinting at increasing momentum.
Order Book: 75.93% buy-side, suggesting bullish sentiment is building.
Can BTC sustain its recovery, or will sellers push back? The next move is critical.
BTC
78,406.01
-8.89%#Join Honor Credits Draw & Win MacBook Air and Merch #BDG HODLer Airdrop #SHELL Price Rise