$BTC Lost a Key Level — Is $68K Next?
Bitcoin failed to reclaim $85K and slipped below its 50-week EMA, while roughly $1.1B in leveraged longs were liquidated.
But the bigger signal isn’t the liquidation — it’s the loss of market structure.
BTC is now around $75.8K. If buyers defend current support, a recovery attempt remains possible. But continued weakness could bring the $68K zone back into focus.
Healthy reset or deeper correction? What are you watching next?
#BTC #Bitcoin #CryptoAnalysis
Bitcoin failed to reclaim $85K and slipped below its 50-week EMA, while roughly $1.1B in leveraged longs were liquidated.
But the bigger signal isn’t the liquidation — it’s the loss of market structure.
BTC is now around $75.8K. If buyers defend current support, a recovery attempt remains possible. But continued weakness could bring the $68K zone back into focus.
Healthy reset or deeper correction? What are you watching next?
#BTC #Bitcoin #CryptoAnalysis
