🚨 STOP LOSS HIT! Bitcoin Breaks Key Support Levels 📉

The market shows no mercy. 🐻
Bitcoin has aggressively broken below the critical $88,300 support (Fib 0.5) and is currently trading around $87,900.

🚫 Trade Update:
Our Long Setup is INVALIDATED. The stop loss at $88,850 was hit. We take the small loss and step back.

📉 Technical Outlook:

Support Lost: $88,300 is now resistance.

Next Target: Bears are eyeing the $86,500 zone (Fib 0.382).

Strategy:
Do not catch the falling knife. Wait for the market to find a bottom around $86.5k before entering again.

Stay safe and preserve your capital! 🛡️

#bitcoincrash #MarketUpdate #trading #RiskManagement #BinanceSquare $BTC

BTC

87,591.52

+0.22%