#BTC is trading around $84k–$84.5k, down ~5–6% in 24h, marking the lowest level in over 2 months.
Volume surged to $60–70B with heavy long liquidations. Short-term technicals remain bearish (below EMA100/200, RSI 35).
Key support sits at $83k–$84k. A breakdown could send price toward $80k or $74k–$79k. Resistance is located at $86k–$88k.
ETF outflows ($1B+) and risk-off macro continue to pressure price.
On-chain data shows long-term holders accumulating, while short-term holders capitulate. Sentiment is deeply fearful (F&G ~26), often seen near inflection zones.
Bearish short-term, bullish long-term — will BTC hit $100k or $80k first?