🚨 Bitcoin is losing its cushion — and the next few days could get ugly.
$BTC has now printed 8 consecutive red days, while selling algos continue to keep the price under pressure.
The $62K–$63K buy wall is getting thinner, and institutions are once again showing net selling during the US session.
The big question now: Will buyers defend $62K–$63K, or does this support finally break? 👀
#WeakConsumptionFedSplit #SP500EarningsGap #BTCETFsVsLeverage
#DailyOrbit
$BTC has now printed 8 consecutive red days, while selling algos continue to keep the price under pressure.
The $62K–$63K buy wall is getting thinner, and institutions are once again showing net selling during the US session.
The big question now: Will buyers defend $62K–$63K, or does this support finally break? 👀
#WeakConsumptionFedSplit #SP500EarningsGap #BTCETFsVsLeverage
#DailyOrbit