One analyst says $73,000 is the line that decides Bitcoin's next leg.
Ali Charts: if channel support near $73,000 breaks, $BTC could slide toward $60,000.
BTC trades near $75,800, only about 3% above that level.
Context: spot Bitcoin ETFs saw $412M of outflows on Nov 6, and Fear & Greed sits at 25.
My take: a three-percent cushion is thin when ETF flows are negative. A daily close under $73K would be the first real warning. Holding it keeps the range intact.
Where does BTC close first this week: above $78K or below $73K?
Not financial advice.
#Bitcoin #BTC #CryptoMarket #Fear
Ali Charts: if channel support near $73,000 breaks, $BTC could slide toward $60,000.
BTC trades near $75,800, only about 3% above that level.
Context: spot Bitcoin ETFs saw $412M of outflows on Nov 6, and Fear & Greed sits at 25.
My take: a three-percent cushion is thin when ETF flows are negative. A daily close under $73K would be the first real warning. Holding it keeps the range intact.
Where does BTC close first this week: above $78K or below $73K?
Not financial advice.
#Bitcoin #BTC #CryptoMarket #Fear