$BTC - BITCOIN - Dips Below $69,000*
Current Price:* ~ $68,860
24h:* -6.67%
BTC broke below the key $69,000 level today and made a low of $68,527.
From its ATH of $126,080, BTC is now down -45.4%. Panic is real, but this is where weak hands sell and smart money watches.
RSI is at 29.2 - deep oversold. A short bounce is possible, but no confirmation yet.
*Key Levels:*
Support: $65,097
If it breaks, next support: $62,440
Resistance: $71,600 - $73,800
*My View:* Don't panic sell. If BTC holds $65K, bounce to $71K is possible. If it breaks, wait - don't catch a falling knife.
#bitcoin #BTC #Crypto #CryptoAnalysis #WhatWillDriveCryptoandStocks’NextRebound?
Current Price:* ~ $68,860
24h:* -6.67%
BTC broke below the key $69,000 level today and made a low of $68,527.
From its ATH of $126,080, BTC is now down -45.4%. Panic is real, but this is where weak hands sell and smart money watches.
RSI is at 29.2 - deep oversold. A short bounce is possible, but no confirmation yet.
*Key Levels:*
Support: $65,097
If it breaks, next support: $62,440
Resistance: $71,600 - $73,800
*My View:* Don't panic sell. If BTC holds $65K, bounce to $71K is possible. If it breaks, wait - don't catch a falling knife.
#bitcoin #BTC #Crypto #CryptoAnalysis #WhatWillDriveCryptoandStocks’NextRebound?
