$BTC Drops to Its Lowest Level Since Aug 2024 📉 — Bear Market Playbook?
Bitcoin rejected the $84.4K underside retest once again, confirming a breakdown below the $84.4K–$94.8K range that held since mid-November. With the monthly close approaching, BTC is down ~10% this month, while most altcoins are bleeding even harder.
Today’s sell-off came with high volume and over $2.56B in reported liquidations, signaling real risk-off behavior — not just noise. Macro pressure remains elevated as markets react to the ongoing U.S. government shutdown uncertainty.
Key Levels • Resistance: $84.4K
• Support: HTF demand zone below
• RSI deeply oversold across timeframes
Until structure reclaims key levels, capital preservation and range discipline matter more than aggressive longs.
BTCUSDT
Perp
76,961.6
-2.42%