⚠️ $BTC REJECTION WARNING
After the massive move from $64,166 to $79,500, Bitcoin is showing signs of weakening momentum near the top. Price has already pulled back toward $77,000.
If selling pressure increases, I’m watching $75,500–$74,500 next. A deeper retracement could trigger a 5–7% correction from the recent high.
The larger trend remains strong, but short-term caution is needed. 📉
Protect your longs. A bigger drop could be coming.
#BTC
#BitcoinBestWeekSinceMarch2023
#SpotGoldHitsHighestSinceMay15
#bitcoin
After the massive move from $64,166 to $79,500, Bitcoin is showing signs of weakening momentum near the top. Price has already pulled back toward $77,000.
If selling pressure increases, I’m watching $75,500–$74,500 next. A deeper retracement could trigger a 5–7% correction from the recent high.
The larger trend remains strong, but short-term caution is needed. 📉
Protect your longs. A bigger drop could be coming.
#BTC
#BitcoinBestWeekSinceMarch2023
#SpotGoldHitsHighestSinceMay15
#bitcoin