🚨 $BTC was at 87K on Sep 21.
Now it's below 70K, and the next level scares me 👀
The hot CPI print started this slide.
Price is under the EMA 20, 50 and 200, which are stacked at 75–77K. RSI is at 23 and MACD is still falling.
If 66.4K (today's low) breaks, I'm expecting a run at 62.5K, the September low.
If bulls reclaim 70K, it's a relief bounce to 72K, not a trend change.
I'm not catching this knife. I'll wait for the reaction at 62.5K.
Buying this dip or waiting for lower? 👇
#BTC #CryptoTrading #BTC #Write2Earn
DYOR | NFA
Now it's below 70K, and the next level scares me 👀
The hot CPI print started this slide.
Price is under the EMA 20, 50 and 200, which are stacked at 75–77K. RSI is at 23 and MACD is still falling.
If 66.4K (today's low) breaks, I'm expecting a run at 62.5K, the September low.
If bulls reclaim 70K, it's a relief bounce to 72K, not a trend change.
I'm not catching this knife. I'll wait for the reaction at 62.5K.
Buying this dip or waiting for lower? 👇
#BTC #CryptoTrading #BTC #Write2Earn
DYOR | NFA