🔥 $BITCOIN DAILY MARKET UPDATE — POST-CRASH BATTLE ZONE 🔥
$BTC just went through full capitulation — a violent flush from 84k → 75.5k with massive volume and long downside wicks. That’s panic selling + seller exhaustion, not a clean trend dump.
📊 Current State
• Price stabilized and reclaimed 78k
• Now balancing inside 77.5k – 79.5k
• No bull trend yet… but free fall is over
🔼 Upside Levels
• 80.5k – 81.2k (first resistance)
• 83k – 84k (major supply, expect heavy selling)
➡️ Treat upside as recovery trades, take partial profits.
🔽 Downside Risk
• Lose 77k = structure weakens
• Break 75.5k = recovery invalidated
• Opens path toward low-70k
🎯 Game Plan
• Longs: Only above support, tight risk, modest targets
• Shorts: Avoid near support, look near resistance
• Flat? Patience wins — confirmation > prediction
⚠️ High volatility transition phase.
Right now, risk management matters more than direction. 💣📉