🚨 PANIC AND LIQUIDITY HUNT! $BTC WREAK THROUGH THE $76.8K—BEAR TRAP OR FALL TO $75K? 🚨
The crypto market is hit by a violent shake. Bitcoin plunges to $76,511.72 (-2.60%), breaking the key support marked at $76,885.18 and triggering a cascade of leveraged liquidations.
Despite the red engulfing candle on 1H, the RCI Ribbon has collapsed into deep oversold zones (-59.69), which historically signals a rebound from short-covering when the whales absorb retail capitulation.
Is this sweep the final trap before price returns above $78,000? Do you buy the dip or wait for more downside? Leave your opinion and trade the entry below! 👇
#bitcoin #BTC #CryptoNews #cryptocrash #smartmoney
The crypto market is hit by a violent shake. Bitcoin plunges to $76,511.72 (-2.60%), breaking the key support marked at $76,885.18 and triggering a cascade of leveraged liquidations.
Despite the red engulfing candle on 1H, the RCI Ribbon has collapsed into deep oversold zones (-59.69), which historically signals a rebound from short-covering when the whales absorb retail capitulation.
Is this sweep the final trap before price returns above $78,000? Do you buy the dip or wait for more downside? Leave your opinion and trade the entry below! 👇
#bitcoin #BTC #CryptoNews #cryptocrash #smartmoney
