$BTC (Bitcoin) has taken a sharp dive, dropping below the critical $85,000 support level and touching lows around $81,000 – $82,000. This move has wiped out over $1 billion in leveraged positions.
📊 Technical Health Check
The New Floor: $80,600. This is the critical November low. If we lose this, the next stop is the $78k demand zone.
The Resistance: $88,200. BTC needs to reclaim this level to turn the 4H chart back to neutral.
BTCUSDT
Perp
70,857.4
-7.39%