$BTC saw around $70.5K in long liquidations at $79,223.40, signaling continued downside pressure as leveraged bullish positions were forced to close below the $80K psychological level.
Key Levels
Current Trigger: $79,223.40
Support: $79,000
Major Support: $78,500
Resistance: $80,000
Next Target: $78,000
⚠️ Holding $79,000 could stabilize the pullback; a sustained break below it may expose $78,500 and trigger further long liquidations. Reclaiming $80,000 would improve the short-term structure.
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