📉 Bitcoin’s current price is approaching a major resistance level.

📊 We notice that the price has hit the strong resistance zone (Resistance) located between $80,000 and $84,000. Bitcoin has failed to break through this area multiple times, confirming massive selling pressure from whales who refuse to allow the price to surpass this peak for now. Buying momentum has clearly begun to fade at these critical levels. 🛑📉
⚠️ Bitcoin’s price will face a sharp decline in May, reaching its lowest levels
📉🌋 Technical indicators are painting a frightening scenario for next May. After failing at resistance, a free fall in price is expected.
- The price is heading straight to break the previous (Demand zone) and to drop to test the ascending (Support) line.
Forecasts point to a sharp drop that could bring Bitcoin’s price to $68,000 levels—the point where the fate of the entire market may be decided. If this support is broken, we may see lower levels we haven’t seen since the beginning of the year. 📉🌑
💾 Save this chart now—you may need it later.
⏳📌 In the coming weeks, history repeats itself. And when assets fail to break through historic resistance, the correction is fierce and painful for traders who aren’t prepared.
Advice: Watch the $78,136 level on the (current price on the chart) closely; any daily close below this level will be the first shot in the drop toward the $68,000s. Be prepared to lock in profits or hedge, because May may be a digital bloodbath. 🩸💸
$BTC