₿ BITCOIN: THE MARKET IS TESTING INVESTOR CONVICTION.
Bitcoin has fallen toward $73,700, reaching its lowest level since August.
Three factors are driving the pressure:
• Political uncertainty following the US midterm elections.
• $1.28B in weekly spot ETF outflows.
• Aggressive liquidations across leveraged positions.
Key levels to watch:
Support: $73,000–$75,000.
Resistance: $76,800–$78,000.
Major recovery signal: A sustained move above $80,000.
My view: I wouldn’t rush to buy the dip before seeing stabilization.
A falling price is not automatically an opportunity. Confirmation matters.
#bitcoin #BTC #CryptoMarket #MannequinCrypto
Bitcoin has fallen toward $73,700, reaching its lowest level since August.
Three factors are driving the pressure:
• Political uncertainty following the US midterm elections.
• $1.28B in weekly spot ETF outflows.
• Aggressive liquidations across leveraged positions.
Key levels to watch:
Support: $73,000–$75,000.
Resistance: $76,800–$78,000.
Major recovery signal: A sustained move above $80,000.
My view: I wouldn’t rush to buy the dip before seeing stabilization.
A falling price is not automatically an opportunity. Confirmation matters.
#bitcoin #BTC #CryptoMarket #MannequinCrypto