🚨 Bitcoin ( $BTC ) is breaking down badly 😱
Short $BTC
Entry: 77400 – 77800
SL: 79500
TP1: 76500
TP2: 75800
TP3: 75200
TP4: 74500
Why:
BTC continues trading under heavy bearish pressure after losing key MA7, MA25, and MA99 support on the 4H timeframe. Price structure is forming lower highs and lower lows while RSI remains deeply oversold near 21, confirming strong seller dominance. MACD histogram is still negative with widening bearish momentum, and recent breakdown candles came with rising sell volume. Unless Bitcoin reclaims the 79K resistance zone, downside continuation toward lower liquidity zones remains likely.
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