Prediction evidence

Ma

That Martini Guy ₿

@MartiniGuyYT

Bitcoin is approaching a pretty important level here. BTC has dropped from around $84,500 to $79,800, and the 4H chart is still making lower highs. RSI is sitting at 36.9, below its moving average and well under the neutral 50 level. Momentum is weak, but RSI hasn't hit the traditional oversold level of 30 just yet. So there's still room for further downside. $79K–$79.5K is the area I'd be paying attention to now. Lose that support and we could see another leg lower. If buyers defend it, I'd want to see BTC reclaim $80.5K–$81K and RSI start recovering before getting too optimistic. A bounce is one thing. A proper reversal needs confirmation.