Bitcoin's ($BTC) movement is currently showing signs of weakness after failing to hold strong at the 82.8K resistance area.
📊 From the latest candlestick chart, it's clear that sellers are dominating the market again, pushing prices down to the 77K–78K range.
Some signals are starting to show up:
⚠️ BTC failed to reclaim resistance
⚠️ Selling pressure is increasing
⚠️ Bullish momentum is starting to weaken
⚠️ Sell volume is still quite high
Currently, the area most traders are watching:
🟢 Resistance: 80.4K – 82.8K
🔴 Key support: 78.6K
🔴 Next strong support level: 77K
If BTC fails to hold at the current support area:
📉 The opportunity for a deeper correction towards the 75K area is still on the table.
However, if buyers manage to push the price back above resistance:
🚀 The market still has recovery potential.
📌 For now, the market looks cautious and traders are starting to focus on maintaining risk management.
What do you all think:
Is BTC going to bounce from support or continue the breakdown? 👇
#BTC #bitcoin #crypto #Altcoin #Binance
