BTCUSD 8H: Trendline Pressure and Key Support Test🔥 BTCUSD 8H Deep Dive
1️⃣ Trendline Pressure: Bears controlling the market with a strong descending trendline.
2️⃣ Support Zone Strength: $77,500-$80,000 is a key demand area. Previous bounce shows buyers stepping in.
3️⃣ Liquidity Hunt? Price might sweep the support zone before reversal.
4️⃣ Volume Check Needed: Low volume = fakeout risk. High volume = potential breakout.
🎯 Targets
Bullish Breakout: $85,000-$87,500
Bearish Breakdown: $77,500-$75,000
📍 Eyes on next 8H close.
