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If Bitcoin (BTC) fails to hold the $85,000 support after facing rejection at the $96,000 resistance level, it is possible that it could drop to a new low of $80,000.
Reasons Bitcoin Could Hit $80,000
1. Increased Selling Pressure After failing to break above $96,000, heightened selling by investors taking profits could push Bitcoin past key support levels, targeting $80,000.
2. Stop-Loss Hunting Below $85,000, a large number of stop-loss orders could be triggered by big players, creating artificial liquidity and accelerating the drop to $80,000.
3. Weak Buying Demand If the $85,000 support does not attract sufficient buying interest, the lack of demand may result in further downward movement.
4. Regulatory or Global Factors Negative regulatory news or global economic uncertainties could worsen market sentiment, driving Bitcoin toward $80,000.
5. Psychological Pressure $80,000 represents a critical psychological level, and fear-driven selling could lead to a test of this price.
Conclusion
If Bitcoin breaches the $85,000 support, a decline to $80,000 is likely. Traders should remain cautious, avoid hasty decisions, and rely on thorough technical and fundamental analysis. Investors might view such a dip as an opportunity to re-enter the market, but timing and market monitoring will be crucial.
#COSSocialFiRevolution Bitcoin’s resistance at $96,000 is a critical barrier driven by heavy profit-taking and psychological pressure near the $100K milestone. A failure to break this level could lead to a correction toward the $85,000 support zone, which aligns with historical accumulation and Fibonacci retracement levels. During this decline, traders should be wary of stop-loss hunting, where large players trigger sell stops below key levels (e.g., $90K) to create liquidity for their buy orders. This artificial price drop often results in a sharp rebound once weak hands are shaken out. Setting conservative stop-losses and monitoring market depth can help mitigate this risk.
#COSSocialFiRevolution Bitcoin’s resistance at $96,000 is a critical barrier driven by heavy profit-taking and psychological pressure near the $100K milestone. A failure to break this level could lead to a correction toward the $85,000 support zone, which aligns with historical accumulation and Fibonacci retracement levels. During this decline, traders should be wary of stop-loss hunting, where large players trigger sell stops below key levels (e.g., $90K) to create liquidity for their buy orders. This artificial price drop often results in a sharp rebound once weak hands are shaken out. Setting conservative stop-losses and monitoring market depth can help mitigate this risk.
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VLOOM seems to have succeeded in forming an Ascending Channel. A Currently, LOOM is moving near the upper line of the Ascending Channel and Price Reversal Zone(PRZ)O. expect LOOM to start falling from one of the Price Reversal Zone(PRZs) , (most likely the first PRZ) and decline to at least the bottom line of theAscending channel. Loom Network Analyze (LOOMUSDT), 4-hour time frame. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my ldea, and I will be glad to see your ideas in this post. Please do not forget the V ikev button & Share it with your friends; thanks, and Trade safe. follow me toch with us
Trade ldea #XRP/USDT: y SHORT XRPUSDT 1D XRP / TETHERUS Binance My custom-made indicators trendline turned into a red on #Ripple. I guess we started a downtrend and short/sell was confirmed. Of course, in trading everything's possible so be careful.
Having cool fundamental analysis on ATOMUSDT,I discovered the following: 1. #galxe #BinanceSquare #ftx Low Emission Rate Next Unlock ls 309 Days from Now Aggressive Development on Cosmos Github Repository Huge and Growing Ecosystem Technically, It is currently at its historical support We will wait for a breakout of the current downtrend What are your thoughts about this analysis? Let me know in the comment box.
į Chainlink(LINK) is moving in the support zone($7.34-$7.13). In terms of Elliot waves, Chainlink(LINK) has completed its 5 waves in the 15-minute time frame. Also, the Regular Divergence(RD+) between two successive valleys is clearly visible. Al expect the Chainlink(LINK) to move towards my GTarget G after the downtrend line breaks. Chainlink Analyze (LINKUSDT), 15-min time frame . Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my ldea, and I will be glad to see your ideas in this post. Please do not forget the V like'v
į Chainlink(LINK) is moving in the support zone($7.34-$7.13). In terms of Elliot waves, Chainlink(LINK) has completed its 5 waves in the 15-minute time frame. Also, the Regular Divergence(RD+) between two successive valleys is clearly visible. Al expect the Chainlink(LINK) to move towards my GTarget G after the downtrend line breaks. Chainlink Analyze (LINKUSDT), 15-min time frame . Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my ldea, and I will be glad to see your ideas in this post. Please do not forget the V like'v