Bitcoin buyers panic-sell in $90M rout
Recent Bitcoin buyers panic-sell amid $90M capitulation: $66K is BTC’s last stand
This massive capitulation signals a critical test of demand, with on-chain data now crucial in determining if the recovery can hold. Traders should watch for a potential bounce at $66K, a key level that could dictate the market's next move. A failure to hold this level may lead to further downside.
$BTC
#Bitcoin #Crypto #OnChainData #MarketVolatility
Recent Bitcoin buyers panic-sell amid $90M capitulation: $66K is BTC’s last stand
This massive capitulation signals a critical test of demand, with on-chain data now crucial in determining if the recovery can hold. Traders should watch for a potential bounce at $66K, a key level that could dictate the market's next move. A failure to hold this level may lead to further downside.
$BTC
#Bitcoin #Crypto #OnChainData #MarketVolatility