๐จ BITCOIN ($BTC ) MARKET UPDATE: KEY LEVELS & NEXT MOVES ๐จ
๐๐ป Just as highlighted in my recent analysis, all the bearish pressure was building right on the $70,000 support level that finally broke todayโผ๏ธ
๐๐ป Price dropped down to a low of $67,539 before catching a bounce up to $69,300.๐๐
โ ๏ธ WHAT NEXT ๐
Sharp Drop :
$BTC dropped roughly 6% today, extending a massive $17,000 total correction over the past two weeks.๐
Dominance Dip:
Bitcoin Dominance ($BTC .D) fell nearly 1%, showing capital is temporarily rotating out of BTC during this sell-off.โ๏ธ
๐ฏ Key Levels to Watch:
Major Resistance Zone: $69,500 โ $69,800
Major Fundamental Support: $65,000
Stay patient, manage your risk, and watch how price reacts at the $69.5Kโ$69.8K ceiling! ๐
โ ๏ธ Not a Financial advice . Only for education purpose
#BTC #CryptoAnalysis #CryptoMarket #TechnicalAnalysis #BitcoinPrice
๐๐ป Just as highlighted in my recent analysis, all the bearish pressure was building right on the $70,000 support level that finally broke todayโผ๏ธ
๐๐ป Price dropped down to a low of $67,539 before catching a bounce up to $69,300.๐๐
โ ๏ธ WHAT NEXT ๐
Sharp Drop :
$BTC dropped roughly 6% today, extending a massive $17,000 total correction over the past two weeks.๐
Dominance Dip:
Bitcoin Dominance ($BTC .D) fell nearly 1%, showing capital is temporarily rotating out of BTC during this sell-off.โ๏ธ
๐ฏ Key Levels to Watch:
Major Resistance Zone: $69,500 โ $69,800
Major Fundamental Support: $65,000
Stay patient, manage your risk, and watch how price reacts at the $69.5Kโ$69.8K ceiling! ๐
โ ๏ธ Not a Financial advice . Only for education purpose
#BTC #CryptoAnalysis #CryptoMarket #TechnicalAnalysis #BitcoinPrice
