$BTC
Will the price of Bitcoin drop to $80,000? Why sell it? 🧐😏
$BTC The market is currently witnessing a strong upward trend, and Bitcoin has swept the weekly candlestick liquidity. I expect a price drop for several reasons.
• The price of Bitcoin is experiencing a strong rise, but we are considering its decline. The main reason is the large buying volume; if we examine the trading volume over an hour. This indicates that a drop is coming.
Sales levels:
• The first key level for short selling is $88,860 due to liquidity and other reasons such as the reversal of the M30 bars.
• The second level is $94,000 in a 4-hour timeframe. This level is very strong for selling.
Target levels🎯😀
The price of Bitcoin could easily drop to its lowest level at $84,100. The price will face some pullback from the $84,100 levels for some reason, as there are FVG and OB.
The next level I predicted is $80,000, the liquidity level H1-H4 FVG + OB. At this level, they may face strong rejection.
🏆Professional tips: Use a stop-loss order to reduce your significant losses while trading.👍
I hope you benefit from my analysis. Thank you for your support.$BTC
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