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I just saw Bitcoin drop again today, after trying to rise to a higher level a few days earlier. It seems there is quite a strong resistance in the upper area, so the crypto has fallen back below $80K. It briefly attempted a breakout but it seems there isn't enough momentum for a more solid breakthrough.
Currently, BTC is moving around $80.90K, and the market still looks indecisive. Many traders seem to be still waiting and watching, waiting for a clearer signal before taking a big position. Volatility is still present, but not as extreme as a few weeks ago.
What’s interesting is that the market structure remains intact, so there’s no reason to panic. But crypto dropping like this often becomes an opportunity to accumulate if you’re bullish in the long term. Let’s see if Bitcoin can hold this level or if it will test lower again.