$BTC
Bitcoin Dumps to Key Support: Will It Hold or Drop to $80K?
Bitcoin (BTC) is experiencing significant selling pressure and has dropped to its important trendline support near $93,679. If this level breaks, BTC might fall further to the $83K–$80K range.
The RSI (Relative Strength Index) is also showing signs of weakness, indicating bearish momentum. Traders are advised to monitor this support level closely. A bounce here could trigger recovery, but a breakdown might lead to further downside.
Stay alert and manage your risk carefully in this volatile market!
Disclaimer:
This post is for educational and informational purposes only. It is not financial or investment advice. Always conduct your own research and consult a professional financial advisor before making any investment decisions. The cryptocurrency market is highly volatile, so exercise caution while investing.
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