Bitcoin is now trading around $68,000. It fell almost -4% in 24h and -10% in 7 days. This is the lowest price since August.

Fear & Greed Index is now at 13/100 - Extreme Fear. This is the lowest in 4 months.

Why did BTC fall?

Fed rate hike fear in December

$1.47 Billion liquidations in 24h - mostly longs got wiped

Spot Bitcoin ETFs saw heavy outflows, BlackRock IBIT alone saw $2B+ outflows in 9 days

Dollar is getting stronger

Key Levels to Watch:

Support: $67,500 - $65,100

Resistance: $69,250 - $70,000

If BTC holds above $67,800, long-term trend is still bullish. If it breaks $65,000, next fall can come.

RSI is at 24 - Deeply Oversold. That means panic selling is happening, not smart selling.

What I am doing?

I am NOT panic selling. I am NOT opening Futures with leverage.

My portfolio is small, but I am holding in Spot. Oversold + Extreme Fear is where weak hands sell and patient hands buy slowly with DCA.

I will not buy all at once. I will buy small-small if BTC stays above $67,500.

This is not financial advice. Just sharing my plan.

Did you buy the dip or are you waiting for $65K? Tell me in comments 👇

#BTC #Crypto #Bitcoin #BinanceSquare #BTCUpdate