$BTC: Could $68K Be the Final Shakeout Before a Major Recovery?
Bitcoin's prolonged weakness raises an important question: Is the market approaching a bottom, or is another selloff still ahead?
My bearish-to-bullish roadmap remains conditional:
$82K → $75K → $72K → $68K → $100K
The first two levels are reference points from the proposed scenario, while $72K and $68K represent potential downside objectives.
After more than six weeks of reported downward pressure, a final liquidity sweep could create the conditions for a stronger recovery.
But accumulation isn't confirmed simply because price is falling. Claims of large-scale whale selling also require reliable on-chain evidence.
Here's what matters: If BTC loses $72K, the $68K region becomes increasingly relevant. A sustained recovery above resistance, however, could invalidate the deeper correction scenario.
And $100K? That's a longer-term bullish possibility, not a guaranteed destination.
Which comes first: $68K or a sustained bullish reversal?
$BTC
#Bitcoin #cryptotrading
Bitcoin's prolonged weakness raises an important question: Is the market approaching a bottom, or is another selloff still ahead?
My bearish-to-bullish roadmap remains conditional:
$82K → $75K → $72K → $68K → $100K
The first two levels are reference points from the proposed scenario, while $72K and $68K represent potential downside objectives.
After more than six weeks of reported downward pressure, a final liquidity sweep could create the conditions for a stronger recovery.
But accumulation isn't confirmed simply because price is falling. Claims of large-scale whale selling also require reliable on-chain evidence.
Here's what matters: If BTC loses $72K, the $68K region becomes increasingly relevant. A sustained recovery above resistance, however, could invalidate the deeper correction scenario.
And $100K? That's a longer-term bullish possibility, not a guaranteed destination.
Which comes first: $68K or a sustained bullish reversal?
$BTC
#Bitcoin #cryptotrading
