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BTC/USDT 4H – Breakdown & Key Levels 📉 **BTC/USDT 4H – Breakdown & Key Levels** Bitcoin has **broken down from a prolonged consolidation range** (blue zone), failing to reclaim the key resistance at **~$96,858**. The rejection from the **200 EMA (blue)** confirmed bearish momentum, leading to a sharp decline. 🔹 **Support Levels:** - **$82,222** (recent low) – Held briefly. - **$78,000 - 80,000** (thick blue line) – Major support area from historical price action and VWAP levels. 🔹 **Bearish Case:** - Breakdown from $82,222 could open the door to **$78K-$80K**. - Volume is increasing on the dump, confirming strong selling pressure. 🔹 **Bullish Case:** - Bulls need to reclaim **$91,800+** for a reversal. - A bounce from $78K-$80K could trigger a relief rally. ⚠️ **Watch for reactions at the next support level!**
by zakalj
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