📉 $BTC morning check: stuck below $67k
BTC is down 3%, trading below $67k on a red candle. Dominance climbed to 58.7%, meaning capital is rotating into BTC while altcoins lag behind. RSI at 26 shows oversold conditions, but that alone isn't a reversal signal — price could still drift lower.
• Resistance: $70.2k, then $74k
• SMA20: $68.5k / SMA50: $70.3k (both above current price — trend structure still up, but price is under it)
• Support: no clear level, but $66.5k–$66.8k may act as psychological support
Plan: a close above $70.2k would suggest a bounce is starting; failure to hold $66.5k–$66.8k opens the door to further downside.
Not financial advice.
BTC is down 3%, trading below $67k on a red candle. Dominance climbed to 58.7%, meaning capital is rotating into BTC while altcoins lag behind. RSI at 26 shows oversold conditions, but that alone isn't a reversal signal — price could still drift lower.
• Resistance: $70.2k, then $74k
• SMA20: $68.5k / SMA50: $70.3k (both above current price — trend structure still up, but price is under it)
• Support: no clear level, but $66.5k–$66.8k may act as psychological support
Plan: a close above $70.2k would suggest a bounce is starting; failure to hold $66.5k–$66.8k opens the door to further downside.
Not financial advice.
