🚨 Bitcoin Breaches $80k Support: The Final Shakeout? 🚨
The market sentiment has officially hit "Extreme Fear" today as $BTC slides into the $75,000 zone. 📉
Historically, panic selling at these RSI levels has often marked a local bottom, but the momentum is currently heavy. We are at a critical decision point:
1️⃣ The Bear Case: If we close the daily candle below $78k, the next major liquidity grab could be around $75,500.
2️⃣ The Bull Case: This is a classic "bear trap" designed to liquidate over-leveraged longs before the next leg up.
I am watching the $78,500 level closely. If we reclaim it by end of day, the reversal could be aggressive.
💡 Strategy: I am dollar-cost averaging (DCA) small amounts here rather than going all-in. Patience pays when the market is red.
👇 What is your move right now?
Are you panic selling or stacking cheap sats? Let me know in the comments!
