#BTC It is still pretty straight forward from here looking at the chart.
Bitcoin needs to clear that low $80Ks region with the horizontal and Daily 200MA/EMA sitting right around the same region.
This is the first "bigger sell off" this leg up after the April move higher.
Bulls now need to turn this into a higher low and proceed to break that resistance. Otherwise this will just be another lower high in what has been a bigger down trend ever since the October 2025 all time high.
Bitcoin needs to clear that low $80Ks region with the horizontal and Daily 200MA/EMA sitting right around the same region.
This is the first "bigger sell off" this leg up after the April move higher.
Bulls now need to turn this into a higher low and proceed to break that resistance. Otherwise this will just be another lower high in what has been a bigger down trend ever since the October 2025 all time high.