Bitcoin (BTC): Is $83K Just the Start of a Bigger Drop?

Bitcoin is showing signs of heading lower, and the next few levels could be make-or-break. Let’s break it down simply so you know what to watch.

What’s Happening Right Now?
The market’s pointing downward, and we’re eyeing 83K–$85K as the first target. If BTC doesn’t hold there, things could get rough.

Where BTC Could Go Next

-83K–$85K: This is the next stop. If Bitcoin can’t bounce here, the selling could pick up.
-$70K: A deeper drop, and a key support level where buyers might step in.
-$55K: The worst-case scenario for now, but also a spot where we could see some recovery.

The Big Picture
We’re also seeing a head and shoulders pattern, which is a strong clue that prices might keep dropping. Let’s wait and see how the market reacts as we approach 83K–$85K.

What’s the Plan?

-Watch 83K–$85K carefully—it’s the first key level.
-If BTC doesn’t hold, prepare for $70K or even $55K.
-Be patient and trade what you see, not what you hope.

If you liked this breakdown, hit like or follow. Got questions about Bitcoin or another chart? DM me—I’d love to help.

Feeling stressed about trading or struggling with burnout? Let’s chat. I’m here to help you stay focused and balanced so you can trade with confidence. Let’s tackle this together!

Kris/ Mindbloome Exchange
Trade What You See