$BTC Is $75K the Line in the Sand?
A major whale short is bringing back memories of the last 23% BTC drop — from $109.5K to $84.7K.
If $BTC repeats that move from ~$75.7K, the downside points near $58K, almost matching the June low.
But the whale position alone isn’t enough. Price needs to confirm it.
Lose $75K → $68K becomes the next key test.
Reclaim $75K → the bearish setup weakens.
So what’s your call: $75K holds, or $58K next?
#BTC #Bitcoin #Crypto #Trading
A major whale short is bringing back memories of the last 23% BTC drop — from $109.5K to $84.7K.
If $BTC repeats that move from ~$75.7K, the downside points near $58K, almost matching the June low.
But the whale position alone isn’t enough. Price needs to confirm it.
Lose $75K → $68K becomes the next key test.
Reclaim $75K → the bearish setup weakens.
So what’s your call: $75K holds, or $58K next?
#BTC #Bitcoin #Crypto #Trading
