So $BTC just gave back $5,000 in a day and is now parked right above $75,000. That's not a level you ignore.
There's no $BTC -specific headline behind this one, honestly. It's the same risk-off wave dragging everything down — $ETH is off 8% near $2,229, the Nasdaq just had its worst day since the midterms, and liquidations keep piling up. $BTC is down about 6% near $75,657 on a massive $44.5B in volume, after touching $80,721 earlier.
The line I'm watching is $75,000. Hold above it and dip buyers probably get brave enough to test the $80,700 day high again; lose it and the flush likely extends, with sellers still in control.
Are you treating $75,000 as the line in the sand, or waiting for a reclaim of $80,000 before trusting any bounce?
#Bitcoin #CryptoMarket #Write2Earn
There's no $BTC -specific headline behind this one, honestly. It's the same risk-off wave dragging everything down — $ETH is off 8% near $2,229, the Nasdaq just had its worst day since the midterms, and liquidations keep piling up. $BTC is down about 6% near $75,657 on a massive $44.5B in volume, after touching $80,721 earlier.
The line I'm watching is $75,000. Hold above it and dip buyers probably get brave enough to test the $80,700 day high again; lose it and the flush likely extends, with sellers still in control.
Are you treating $75,000 as the line in the sand, or waiting for a reclaim of $80,000 before trusting any bounce?
#Bitcoin #CryptoMarket #Write2Earn