$BTC / Bitcoin
Price needs to hold this $80K support and bounce here, otherwise $74K likely gets swept in the next few moves.
Eventually that sweep is coming anyway. The question is whether there's another rally to a lower high first to relieve some of the downside pressure.
Multi-RSI reading today is the lowest since March 2025, so still plenty of room to fall until we lift back into neutral territory.
Unfortunate chart for the bulls today, but expected after multiple failed breakouts and holds in the $88K+ range.