⚡️Don’t rush to buy the dip right now❗️Don’t rush to buy the dip right now❗️ The $BTC bull market is pulling back. First, watch the support around 80K, and ultimately, look at 70K. $BTC has dropped from 87,000 to around 82,500. A healthy correction within the bull market is already underway. We’re first watching the strong support level around 80K, marked by the blue path and circled on the chart below. This is the first meaningful support level and the correction target we’ve mentioned repeatedly before. If this level holds, it means the correction is shallow, and the bull market structure remains intact. But if 80K doesn’t hold, the next strong support is around 70K, marked by the red path and circled on the chart below. 70K isn’t just a random number—it’s the overlapping Fibonacci retracement level from two cycles: For the larger cycle on the weekly chart, the Fibonacci retracement has the 0 level at 15.5K, the 1 level at 126.8K, and the 0.5 level corresponding to 71.2K. For the smaller cycle, the Fibonacci retracement has the 0 level at 57.8K, the 1 level at 87.5K, and the 0.382 level corresponding to 70.6K. The retracement levels from both cycles overlap at 70K-71K, making this an extremely strong support zone. Don’t rush to buy the dip right now, or you might end up buying at a mid-level price. 82,500 might look low, but it’s only about a 6% drop from 87,000. 80K is the first test, and 70K is the ultimate defense line. Until we see a clear signal of stabilization with strong volume, don’t rush to catch the falling knife. Core insights from Little Dragon: This is a healthy correction in the bull market. First, watch the support around 80K. If it doesn’t hold, the next strong support is around 70K. 70K is the overlapping Fibonacci retracement level from two cycles, making it a very strong support zone. Be patient. There will be plenty of opportunities to buy the dip in Bitcoin later