๐จโ ๏ธ BTC at a strong rejection zone!
The price is facing solid resistance at $80,235, and itโs still trying to rise, but it fails to get close to it again. With continued rejection from this zone, the likelihood of a sharp downwave increases ๐๐ฅ
Currently, the price is trading at **$79,015**, and the initial support is at **$78,849**. Breaking this support will immediately open the door to levels **$78,000**, then **$77,000**.
๐ The expected scenario:
ยท Continued rejection from resistance = strong negative rebound.
ยท Closing below $78,850 = activating selling pressure.
Bitcoin is at a crossroads, but indicators lean bearish as long as the peak at $80,235 holds. Get yourselves ready for the next move with caution!
#BTC #Bitcoinโ #Crypto_Jobs๐ฏ #Bernstein #CryptoTrading #BitcoinPrice #CryptoMarket #ุชุญููู_ุจูุชูููู $BTC
$BTC
The price is facing solid resistance at $80,235, and itโs still trying to rise, but it fails to get close to it again. With continued rejection from this zone, the likelihood of a sharp downwave increases ๐๐ฅ
Currently, the price is trading at **$79,015**, and the initial support is at **$78,849**. Breaking this support will immediately open the door to levels **$78,000**, then **$77,000**.
๐ The expected scenario:
ยท Continued rejection from resistance = strong negative rebound.
ยท Closing below $78,850 = activating selling pressure.
Bitcoin is at a crossroads, but indicators lean bearish as long as the peak at $80,235 holds. Get yourselves ready for the next move with caution!
#BTC #Bitcoinโ #Crypto_Jobs๐ฏ #Bernstein #CryptoTrading #BitcoinPrice #CryptoMarket #ุชุญููู_ุจูุชูููู $BTC
$BTC