Analyst Ted Pillows: Bitcoin break below $82,500 opens path to mid-$70,000s
- —BTC is trading in a $81,000–83,000 range with the lower bound under pressure
- —A confirmed break below $82,500 targets $77,500
- —Pillows keeps the door open to a drop into the mid-$70,000s
- —Repeated pushes toward $90,000 failed, with resistance at $86,000–87,000
Why it matters: The $82,500 level is key for the near-term trend: losing it could trigger more long liquidations and accelerate a slide toward $77,500.
Source: Blockmedia