🌅 $BTC panic drop, RSI extreme low
BTC fell 6.73% to 68.5k, RSI at 10.3 — a panic zone extreme. Dominance climbing to 59.07% as alts get sold off; capital is rotating into BTC in a classic capitulation move.
• Price: 68.5k
• SMA20: 71.3k
• SMA50: 72.8k
• Resistance: 74k (local bounce zone)
• No clear support below current levels
Downtrend intact, no reversal signs yet — wait for consolidation or further downside search for demand; avoid catching the falling knife until RSI reclaims above 30.
Not financial advice.
BTC fell 6.73% to 68.5k, RSI at 10.3 — a panic zone extreme. Dominance climbing to 59.07% as alts get sold off; capital is rotating into BTC in a classic capitulation move.
• Price: 68.5k
• SMA20: 71.3k
• SMA50: 72.8k
• Resistance: 74k (local bounce zone)
• No clear support below current levels
Downtrend intact, no reversal signs yet — wait for consolidation or further downside search for demand; avoid catching the falling knife until RSI reclaims above 30.
Not financial advice.
