$BTC /USDT analysis.
🔥 BTC/USDT 4.62% Drop Alert!
Crypto fam, BTC has seen a pullback today! The price is currently at 79,228.02 (-4.62%) — but this isn’t just a simple dip, it might be a consolidation phase before the next major move!
⚔️ Technical Analysis:
$BTC made a high at 83,817.63 and dropped to 79,228.02 — that's a 4.62% correction from the top!
Right now, the price is consolidating around 79,228.02. The SAR (Parabolic SAR) indicator is likely showing a bearish signal, with the last SAR point at 79,222.31.
Volume: 15,861.59 BTC traded with 1.30B USDT in total volume, confirming there’s healthy market activity, but the pullback is backed by solid selling pressure.
📈 Momentum Insight:
If the price holds above 78,694.99, we could see a recovery back towards 80,441.02 – 81,425.97.
However, if the price breaks below 78,694.99, the next support could be at 77,000 (an untested region), providing a potential buy opportunity for those looking for a better entry point.
💡 Crypto Man Pro Tip:
$BTC operates on Proof of Work (PoW), which means it can experience these periodic pullbacks before continuing the larger trend.
This dip might be just the setup for the next surge if the market rebounds strongly!
⚡ Shocking Point: The last major BTC surge was around 83,817.63 earlier in the day. If this correction leads to consolidation, we could see a bullish continuation soon, especially if BTC holds above 78,694.99.
Crypto fam, are you ready for BTC’s next move?
Comment below — should you HOLD or book profits and exit? Let’s discuss!
#BTC #CryptoAlert #PoW #BitcoinPriceAction #CryptoFam