#bitcoin just broke down hard.

$BTC sliced below the key $84K support, dumping to around $81K and triggering $1.6B+ in long liquidations.

#BTC lost the $87K yearly open, the 100-day MA, and the $84K-$86K demand zone. Fear is extreme, with the Fear & Greed Index at 16.

Analysts warn the damage may not be over. With leverage flushed and risk appetite weak, some are eyeing deeper downside $69K, the 200-week MA near $58K, and in a worst case, even $50K later this year if bulls fail to step in.

⚠️ Volatility is back. The next few weeks could define this cycle. #MarketCorrection #Write2Earn