Since the bulls failed to break through $82,000, there is a risk that Bitcoin may begin the next downward trend.



The current price movement is facing resistance above, and the bulls are unable to break through $82,000.
#Gate广场五月交易分享 $BTC
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PocketValidator
· 05-20 09:09
The long positions' energy has been exhausted, and 82,000 has become a short-term ceiling.
The next downward target is first seen at the 76,000-74,000 range.
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Short-TermTradingExpertVictory
· 05-17 16:39
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GateUser-665eb149
· 05-17 16:15
Let's wait and see how the US stock market opens tonight.
If the Nasdaq continues to crash, BTC won't be able to hold this level.
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ExitLiquidityBuddy
· 05-17 09:54
Gate's analysis is reliable, with reduced volume and sideways price movement + resistance level suppression, a typical false breakout pattern. I have reduced my position.
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GateUser-b4b056d3
· 05-17 09:47
Level 82,000 is indeed tough. Multiple long positions tried several times but couldn't push through, feeling like a pullback is coming.
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FlamingoFacingJudgment
· 05-17 09:40
Where is the support level below? If it breaks below 78,000, it might go down to 75,000 to find liquidity.
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