Bitcoin's Battle for 79,478 โ Reversal or Further Decline?
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๐ค๐ฅ Bitcoin's Battle for 79,478 โ Reversal or Further Decline? ๐๐
Bitcoin has taken a massive dip, crashing 7.8% along with Ethereum. But the real question now: Is this the bottom, or are we heading lower?
Key levels to watch: ๐ 79,500 โ A reclaim could push BTC back towards 83,000. ๐ Failure to hold could send Bitcoin to 66,000 or even 62,000.
๐ The Nasdaq is also testing key support, and Tesla is in trouble, struggling at $220. Altcoins are getting crushed, with only Shiba Inu showing some resilience.
๐๐ฃ Meanwhile, external factors are brewing โ Tesla, X, and even Elon Musk are facing attacks, and broader market sentiment remains shaky.
Will Bitcoin rebound, or are we heading for a deeper correction? Let me know your thoughts below!
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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.