⚠️ BTC IN A CRITICAL ZONE: $79K either breaks through or gets rejected
$BTC hit $82,000 this week — the highest level of the year — and within 48 hours gave it all back. That alone isn't bearish, but it's definitely a signal to interpret carefully.
📊 What the data says right now: — MA200 at $82,228: $BTC hasn't closed above it in 7 months — Immediate support: $79,000 / $78,000 / $76,960 — RSI in neutral territory (~69): there's room to move in either direction — Reserves on exchanges at 7-year lows → whales are accumulating, not selling
🧠 My take: If BTC closes on Friday above $80,000, the weekly candlestick will have a bullish structure. If it closes below $79,000, we could see an extension down to $76,900.
The catalyst to watch: on May 15, the Fed's leadership changes (Powell out, Warsh in). Before that, the market might get jittery.
#SolanaSurge we bought solana at 98 usd when all the news were about panic, we are now at 130 usd and with faith waiting for the alt season patience and perseverance will always be the key