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.
BTC-3.45%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned