Bitcoin is currently facing some downward pressure, with key support levels at 80k and 74k USD standing out. The 80k level is a critical point to watch—if Bitcoin holds above it, we could see a potential bounce and continuation of the bullish trend. However, if it breaks below, the next strong support comes around 74k, which could provide further stability. Traders should keep an eye on these levels, as they will be key indicators for the next market move.
Trade active
There might be some consolidation, hopefully we wont go under 80KTrade closed: target reached
Downtrend geeting back on the menu again :/Note
Target REACHED :/ Hopefully I wont be correct and 74K won't be neded
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.