$BTC under short-term bearish pressure after repeated rejection from the 81.6K resistance region.


Sellers remain in control while price continues printing lower highs and weak recovery attempts.

EP
80,500 - 80,750

TP
TP1 81,050
TP2 81,450
TP3 82,000

SL
80,150

Continuous downside grind with fading bullish momentum suggests liquidity is being targeted below local support. However, sharp wick reactions near 80.4K show buyers are still defending the zone aggressively. A reclaim above 81K could trigger fast upside recovery.

Let’s go $BTC ‌

#GateSquareMayTradingShare
BTC-1.09%
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Post-RainCancellationAgent
· 11h ago
Is it too optimistic to expect TP3 to reach 82K? I would be grateful if this market can hit 81.45.
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MempoolDrifter
· 12h ago
The EP range of 80.5-80.75 is acceptable for a short-term entry, but the position should be light since sellers are controlling the market.
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FlorinCrypto
· 22h ago
let's see btc go up again
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ybaser
· 05-12 14:25
To The Moon 🌕
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0xPeachy
· 05-12 11:06
Taking a long position at this level carries significant risk, but setting the stop loss at 80.15 is reasonable; if it breaks, accept defeat.
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ReorgSurvivor
· 05-12 11:05
Lower highs are indeed looking ugly; I agree with the idea that liquidity hunts below support, waiting for a volume-driven reclaim.
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LatencyMonk
· 05-12 11:00
Sharp wick reactions indicate someone is covering the downside, but consecutive lower highs make people uneasy, and they're conflicted about whether to take this trade.
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AutumnSlopePath
· 05-12 10:56
80.4K defense is quite resilient, but multiple failed attempts to break 81.6K do hurt morale. Let's first see if it can bounce back to 81K.
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