🚨 $BTC Crashes Below $76K — Erases Post-Midterm Rally in Risk-Off Bloodbath!
Bitcoin is back under pressure today!
BTC fell below $76,000, down over 6% to around $75,463 — its lowest since Sept 16 — completely erasing Wednesday's post-midterm bounce above $80,000. 2fb9
📉Nasdaq dropped *4.2%*, S&P 500 fell *2.7%* as tech sold off hard
Nearly *$850M liquidated* in 24h, with ∼$500M in the first hour of US trading alone
BTC is fighting to hold the 50-week SMA at $75,733 — losing it risks a deeper pullback
Resistance now at $78,500 / $80,000-$82,000 2fb9
Volatility is back, and Bitcoin is moving with Wall Street again.
$BTC 's sharp drop shows risk-off sentiment is still in control, not a broken long-term thesis and it'sshort term bearish.Holding above $75,000 is critical to avoid deeper selling. Traders should avoid leverage, watch ETF flows and US stocks, and wait for a clean reclaim of $80,000 before turning aggressively bullish again with patience today.
Do you think $75K will hold or are we heading lower? 👇
$BTC
#Bitcoin #BTC #CryptoNews #Altcoins #MarketUpdate #BinanceSquare
Bitcoin is back under pressure today!
BTC fell below $76,000, down over 6% to around $75,463 — its lowest since Sept 16 — completely erasing Wednesday's post-midterm bounce above $80,000. 2fb9
📉Nasdaq dropped *4.2%*, S&P 500 fell *2.7%* as tech sold off hard
Nearly *$850M liquidated* in 24h, with ∼$500M in the first hour of US trading alone
BTC is fighting to hold the 50-week SMA at $75,733 — losing it risks a deeper pullback
Resistance now at $78,500 / $80,000-$82,000 2fb9
Volatility is back, and Bitcoin is moving with Wall Street again.
$BTC 's sharp drop shows risk-off sentiment is still in control, not a broken long-term thesis and it'sshort term bearish.Holding above $75,000 is critical to avoid deeper selling. Traders should avoid leverage, watch ETF flows and US stocks, and wait for a clean reclaim of $80,000 before turning aggressively bullish again with patience today.
Do you think $75K will hold or are we heading lower? 👇
$BTC
#Bitcoin #BTC #CryptoNews #Altcoins #MarketUpdate #BinanceSquare
