$BTC is down approximately 6.5% over the last 24 hours.
Short-term market structure remains bearish.
Immediate support is around $68,150.
Next support levels are $65,080 and $62,400.
Immediate resistance is around $72,000.
Stronger resistance is near $73,640.
RSI is around 25, indicating oversold conditions.
A recovery above $72,000 could improve bullish momentum.
A breakdown below $68,150 could trigger further downside.
My view: Watch the $68,150 support carefully. Avoid chasing entries during high volatility and wait for confirmation before taking a trade.
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