🚨 BTC JUST LOST $80K – Current Levels (May 14)
Bitcoin just broke below the psychological $80,000 level on both Binance and CoinMarketCap. Here is where we stand right now 👇
Current Prices:
🔹 Binance (BTC/USDT): ~$79,300
🔹 CoinMarketCap: ~$79,353
Market Cap: $1.60 trillion
Why the drop?
Hotter-than-expected US inflation data (CPI/PPI) = Fed rate cuts unlikely = risk assets getting hammered.
Key levels to watch:
🛡️ Support: $78,800 – $79,200
⚠️ Major breakdown zone: Below $78,000
🚧 Resistance: $80,000 – $80,500
📈 200-day MA: $82,700 (now acting as resistance)
Sentiment: Bearish momentum. High volatility.
Are you buying this dip or waiting for lower? 👇