BTCUSDT BTC Market Update: Deep Correction Phase in Play Bitcoin remains in a sell zone as the market struggles to find a strong bullish catalyst. Recent global events, including Trump's remarks on the Federal Reserve and the crypto summit, triggered volatility and liquidations but failed to establish a sustainable upward momentum.
From a technical perspective, BTC has entered a deep correction phase, with 73K remaining a key downside target. The market currently lacks sufficient liquidity to sustain continuous bullish movement, requiring a more balanced structure.
Price action suggests the formation of a 90K–82K range within a short-term bearish zone after exiting a prolonged consolidation phase. The recent false breakout above 91K, which previously acted as global support, resulted in a decline that may extend toward 82K and potentially 73.5K.
The primary liquidity zone of interest lies between 73K–66K, where price action may establish a stronger directional move. In the near term, the first key level to watch is 82K, marking the lower boundary of the current range. A confirmed breakdown and consolidation below this level could accelerate a move toward lower targets.
BTCUSDBTCUSDT.P The largest cryptocurrency has been falling rapidly this week, breaking the 92K level, turning it into resistance. Currently, the 200-day moving average is located around 82K and seems to be the next target for the price. However, the RSI has entered the oversold area, indicating that the market is increasingly overtaken, and it is only a matter of time before it experiences a rebound or at least a short-term bullish reversal. However, for the first case, the asset must first return to the 92K level.
BTCUSDBTCUSDT.P The largest cryptocurrency has been falling rapidly this week, breaking the 92K level, turning it into resistance. Currently, the 200-day moving average is located around 82K and seems to be the next target for the price. However, the RSI has entered the oversold area, indicating that the market is increasingly overtaken, and it is only a matter of time before it experiences a rebound or at least a short-term bullish reversal. However, for the first case, the asset must first return to the 92K level.
MARA Massive support at $15.57 - lowest I see this going is $12 range (target $66.68 - 0.786 fib).... hope it does cause I will be loading up. BTC is in a bullflag again and lowest I see that going is 82K ish (if it follows the same length of bullflag as last one breakout will be Oct or Nov (which should be right on time for US Reserve (maybe even sooner - why do you think Blackrock is buying SO MUCH?)
BTCUSD Clearly, we're in a blow-off top right now. I think it'll hit 82K-85k-ish and then retrace to the 200 SMA, bounce and continue from there. I'll be looking to enter shorts if we break into the 80's. Most of the institutional money right now is entering from the RR facility, and it's almost bled dry. Volume is WAY down and sentiment is turning far more negative.
BTCUSDT
73K remaining a key downside target. The market currently lacks sufficient liquidity to sustain continuous bullish movement, requiring a more balanced structure.
82K range within a short-term bearish zone after exiting a prolonged consolidation phase. The recent false breakout above 91K, which previously acted as global support, resulted in a decline that may extend toward 
