$BTC at a Critical Support Zone $75K Matters!
Bitcoin needs to hold the $75,000 level to maintain its current market structure. A breakdown below this zone could open the door toward $67,000.
Despite the recent market weakness, my long-term outlook remains bullish.
However, the US stock market’s biggest single-day sell-off since 2020 adds pressure to an already cautious environment.
If selling continues Bitcoin could face further downside before finding stability. I’m prepared to keep accumulating at lower levels.
Short term volatility doesn’t change my long-term conviction.
The bigger trend remains bullish, even if the recovery takes longer than expected.#BinanceReopensWithdrawalsForMoreAssets
$LAB
Bitcoin needs to hold the $75,000 level to maintain its current market structure. A breakdown below this zone could open the door toward $67,000.
Despite the recent market weakness, my long-term outlook remains bullish.
However, the US stock market’s biggest single-day sell-off since 2020 adds pressure to an already cautious environment.
If selling continues Bitcoin could face further downside before finding stability. I’m prepared to keep accumulating at lower levels.
Short term volatility doesn’t change my long-term conviction.
The bigger trend remains bullish, even if the recovery takes longer than expected.#BinanceReopensWithdrawalsForMoreAssets
$LAB
