đš $BTC is sitting at a make-or-break zone.
The recent sell-off has pushed Bitcoin into a major demand area where panic is risingâbut that's often where the best reversals begin.
đ Support: $68.2Kâ$68.5K
đ Breakout Level: $69.4K
đŻ Targets: $70.3K â $71.5K â $73K
đ Failure Below: $68.1K could open the door toward the $67K region.
Open Interest remains elevated, which means volatility is likely to expand. If buyers reclaim momentum, late shorts could fuel a powerful squeeze higher. If support fails, expect another wave of liquidations before a real bottom forms.
I'm staying patient. The next move could define BTC's direction for the coming sessions.
The recent sell-off has pushed Bitcoin into a major demand area where panic is risingâbut that's often where the best reversals begin.
đ Support: $68.2Kâ$68.5K
đ Breakout Level: $69.4K
đŻ Targets: $70.3K â $71.5K â $73K
đ Failure Below: $68.1K could open the door toward the $67K region.
Open Interest remains elevated, which means volatility is likely to expand. If buyers reclaim momentum, late shorts could fuel a powerful squeeze higher. If support fails, expect another wave of liquidations before a real bottom forms.
I'm staying patient. The next move could define BTC's direction for the coming sessions.
