$BTC sitting right on the 200 SMA — classic last-stand level. If it cracks, the structure opens up a move into $65K–$67K. That's not panic talk, just how the chart reads when a major moving average fails.
This is where you watch for conviction. Does it hold and bounce, or does volume confirm the break? No middle ground here — either defense or retest lower.
This is where you watch for conviction. Does it hold and bounce, or does volume confirm the break? No middle ground here — either defense or retest lower.