$BTC just slipped under $80,000 today, hitting a low of $79,200. While social media is screaming "CRASH," the data shows this is a standard consolidation after reaching $82,400.
THE DATA:
Key Support: The bulls are defending the $79,000 zone heavily.
The Trend: As long as we stay above $76,000, the overall bullish structure is safe. This "dump" is currently just a shakeout of late long positions.
BTC
72,973.3
-1.23%