๐Ÿ“‰ Bitcoin Near Key Support โ€” Analysts Warn

According to James Van Straten (CoinDesk), BTC remains in a downtrend as selling pressure builds.

๐Ÿ”‘ Why this matters:

โ€ข $87.1K โ†’ 100-week MA (long-term market support)

โ€ข $84.1K โ†’ U.S. spot ETF buyersโ€™ cost basis

โ€ข $80K โ†’ True Market Mean Price (on-chain fair value)

โš ๏ธ Van Straten notes that a break below $80K could trigger a retest of $76K (April 2025 low).

๐Ÿ“Š CME gap near $89.2K remains unfilled.

๐Ÿ‘‰ Follow for data-backed BTC levels

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