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$BTC BLEEDS THROUGH SUPPORT โ ONE LEVEL STANDS BETWEEN RELIEF AND CASCADE โก
Entry: 62,000 - 62,500 โก
Target: 63,500 ๐
๐ Sellers just ripped the $63,500 floor apart, leaving BTC pinned near $62,850. The structure is still in free fall, but the tape tells a different story beneath the surface โ fast RSI prints 28, CCI sits at -130, a level of stretch that historically births violent relief rallies when nobody expects them. ๐ก
The pivot now is $62,000. Hold it, and a slap back to $63,500 becomes the path of least resistance. Lose it, and the June lows near $57,758 open like a trapdoor. Layer in the MSCI proposal circling Strategy โ an external catalyst that could jolt institutional positioning on the next leg. ๐
I'm parked at the demand zone, watching whether the bid steps up or we get one more liquidity sweep to shake the weak hands first. ๐ฌ
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
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#BTC #Bitcoin #KeySupport #OversoldSetup #Crypto ๐ โก