🚨 $BTC is testing a line it hasn't touched since August
Bitcoin slipped under $70,000 and is now sitting right on its 200-week moving average near $67,922 — trading just below it after tagging a $66,915 low.
That line held all year. A weekly close below it on Sunday opens the door to a deeper retest — next band near $65,000.
The flush behind it: $1.26B liquidated in 24h, longs took about 86% of it. Spot BTC ETFs just logged a 6th straight outflow day, flipping 2026 flows negative — and BlackRock moved 2,100 BTC to Coinbase Prime.
Fear & Greed: 13 — extreme fear.
Spot traders: this is the level that decides the next move. Watch the Sunday close.
Not financial advice. DYOR.
#Bitcoin #Crypto #BTC
Bitcoin slipped under $70,000 and is now sitting right on its 200-week moving average near $67,922 — trading just below it after tagging a $66,915 low.
That line held all year. A weekly close below it on Sunday opens the door to a deeper retest — next band near $65,000.
The flush behind it: $1.26B liquidated in 24h, longs took about 86% of it. Spot BTC ETFs just logged a 6th straight outflow day, flipping 2026 flows negative — and BlackRock moved 2,100 BTC to Coinbase Prime.
Fear & Greed: 13 — extreme fear.
Spot traders: this is the level that decides the next move. Watch the Sunday close.
Not financial advice. DYOR.
#Bitcoin #Crypto #BTC