🔥 $BTC At a Turning Point — Bounce or Breakdown?



$BTC kicked off the week strong, moving in sync with the S&P 500 and Gold, both showing bullish strength. But now, things are getting interesting…

Price has slipped back below the $81.5K–$81.8K zone and is heading toward the 200 SMA (Daily) — a key level that could decide the next move. At the same time, a bearish divergence is forming, hinting that momentum is weakening.

From a structure view, a full impulse move might already be completed. Unless macro factors suddenly push markets higher, a short-term pullback looks likely.

📉 Possible Targets: • $81,000 (initial support)
• $80,100–$79,000 (liquidation zone)

⚠️ Invalidation: Above $83,250

📊 Keep an eye on S&P 500 and Gold — they’re still driving sentiment.

👉 My bias: Short-term dip before any major move.
What’s your take — bounce from 200 SMA or deeper correction?

$BTC #GateSquareMayTradingShare #BitcoinHoldsFirmAbove80K #CryptoMarketRecovery
BTC0.13%
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