$BTC DEATH CROSS CONFIRMED – BUT DON'T PANIC YET 📉🛑
The dreaded 50MA just crossed below the 200MA on the daily chart. Retail is selling, but look at the on-chain data:
• Whale Action: Wallets with >1k $BTC are buying this dip.
• Key Support: We must hold $87,600 today. A close below this opens the door to $80k.
• The Invalidation: A reclaim of $94,200 cancels the bear setup instantly.
💡 My Move: I am not shorting here. Waiting for the weekend volatility to settle. If $87k holds, we bounce to $92k.
#Bitcoin #DeathCross #CryptoTrading #BinanceSquare #Write2Earn

BTC
88,308
+0.42%