🚨 BITCOIN IN TROUBLE: IS THE WORST YET TO COME?
Bitcoin is facing increasing selling pressure, and the latest market data is raising serious concerns.
Currently trading around $65,863, BTC has recorded significant losses:
🔻 24 hours: -4.50% 🔻 7 days: -13.20% 🔻 30 days: -19.47% 🔻 1 year: -32.90%
KEY LEVELS TO WATCH:
🔹 $65,000 – Immediate support 🔹 $62,800 – Next critical support 🔹 $57,800 – Major downside level
For recovery, Bitcoin needs to reclaim $69,300 first, followed by the $75,800 resistance zone.
The pressure on Bitcoin is also affecting the wider crypto market, especially altcoins. If selling continues, further losses cannot be ruled out.
MY QUESTION:
Are we approaching a major market bottom, or is another deeper correction waiting for us?
One thing is certain: patience and risk management are more important than ever.
#Bitcoin #BTC #CryptoMarket #Binance
Bitcoin is facing increasing selling pressure, and the latest market data is raising serious concerns.
Currently trading around $65,863, BTC has recorded significant losses:
🔻 24 hours: -4.50% 🔻 7 days: -13.20% 🔻 30 days: -19.47% 🔻 1 year: -32.90%
KEY LEVELS TO WATCH:
🔹 $65,000 – Immediate support 🔹 $62,800 – Next critical support 🔹 $57,800 – Major downside level
For recovery, Bitcoin needs to reclaim $69,300 first, followed by the $75,800 resistance zone.
The pressure on Bitcoin is also affecting the wider crypto market, especially altcoins. If selling continues, further losses cannot be ruled out.
MY QUESTION:
Are we approaching a major market bottom, or is another deeper correction waiting for us?
One thing is certain: patience and risk management are more important than ever.
#Bitcoin #BTC #CryptoMarket #Binance
