$BTC is still STRUGGLING to hold its major support at $80k… 👀 As I discussed yesterday, we have very strong confluence between Bitcoin’s short term support AND its MTF support, with both sitting around $80k. The major level on the MTF charts is the daily 50EMA, which we can see has begun to show signs of major weakness and a possible breakdown. We MUST see these daily candles continue to close above $80k. Otherwise, we risk seeing a major spill back into the mid 70s. I’m expecting price to make a major move over the next few daily candles, as we are most certainly reaching a short term and mid term inflection point. Whether it’s a strong bounce from $80k or a significant breakdown, we are very likely to see this move in the coming days. Keep an EXTREMELY close eye on this level as we head into the weekly open tomorrow!