🦊 In recent days, Bitcoin has experienced a sharp decline, reaching its lowest price in the last seven months and heading towards closing one of the worst months since the major crises in the ecosystem (think of episodes like Terra/Luna and FTX in 2022). In recent moments, the price fluctuated between US$ 82,000 and US$ 87,000, before showing a slight recovery in the last 24 hours.
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📉 What happened
Significant drop: The market experienced a pronounced sell-off that drove the price of BTC to levels not seen in months.
Historical context: The intensity of the drop puts the month in focus as one of the worst since past crises — it is not exactly the same as those events, but the pressure is comparable in terms of market sentiment.
Trading range: Between $82k and $87k as observed points during the worst moments of the movement.
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🔁 Recent recovery
Short-term rise: Despite weekly and monthly losses still being significant, Bitcoin showed a slight recovery in the last 24 hours, suggesting that there was an influx of buyers/some liquidations were absorbed.
High volatility: This rapid oscillation (drop → slight recovery) is typical in times of strong market stress — sharp fluctuations may continue.
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🔎 What to observe now
1. Nearby supports and resistances: keep an eye on nearby levels (82–87k were tested). If the support holds, a bounce may occur; if it breaks, look for lower levels.
2. Trading volume: recovery with low volume tends to be fragile; there needs to be consistent buying volume to confirm a turnaround.
3. Macro sentiment: macro news (rates, regulatory decisions, institutional news) can amplify movements.
4. Liquidations and leverage: rapid movements often clear leveraged positions — this can accelerate both drops and bounces.
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🛡️ Practical tips (risk management)
If you are positioned, review stop-loss and position size — protection is a priority in such a volatile market.
For those looking to enter: consider scaling in (dollar-cost averaging) instead of going all in at once.
Do not trust in 'immediate recovery': wait for technical signals (volume, reversal candle) before increasing exposure.
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🦊 Conclusion
The recent drop was strong and concerning, but the small recovery in the last 24 hours shows that the market still has buyers willing to defend a floor — at least for now. The scenario remains of high uncertainty: it could be a buying point for those with risk appetite, or the beginning of a larger correction if key supports are broken.
So, Raposo Cripto reader — do you think it was just a correction and BTC will rise again, or do you think more drops are ahead? Leave your guess in the comments! 💬
— Raposo Cripto 🦊💰
