$BTC
⚠️ $BTC: If OTHERS Breaks, Expect a Bigger Drop
Altcoins are at a make-or-break level, and BTC is right behind them.
OTHERS (total market cap without the top 10) is sitting at 207B, right on its support zone (205 - 211B). If this zone breaks, the next big support is far lower, around 160B.
BTC is at 76.7K, also on a key daily support zone (75.5K - 77K). If OTHERS breaks down, I expect BTC to lose this zone too.
🎯 First target: 72K - 74K (liquidity zone)
🎯 Main target: 64K - 65.5K
🎯 If that also breaks: 62K
If OTHERS holds and bounces from here, BTC can bounce too, so I'm watching this level closely. 👀
Invalidation: A strong bounce and daily close back above the OTHERS support zone (211B). Always use a stop-loss. 🛡️
Personal view, not financial advice. DYOR.
#BTC #Bitcoin #Altcoins #Liquidity #BinanceSquare
⚠️ $BTC: If OTHERS Breaks, Expect a Bigger Drop
Altcoins are at a make-or-break level, and BTC is right behind them.
OTHERS (total market cap without the top 10) is sitting at 207B, right on its support zone (205 - 211B). If this zone breaks, the next big support is far lower, around 160B.
BTC is at 76.7K, also on a key daily support zone (75.5K - 77K). If OTHERS breaks down, I expect BTC to lose this zone too.
🎯 First target: 72K - 74K (liquidity zone)
🎯 Main target: 64K - 65.5K
🎯 If that also breaks: 62K
If OTHERS holds and bounces from here, BTC can bounce too, so I'm watching this level closely. 👀
Invalidation: A strong bounce and daily close back above the OTHERS support zone (211B). Always use a stop-loss. 🛡️
Personal view, not financial advice. DYOR.
#BTC #Bitcoin #Altcoins #Liquidity #BinanceSquare
