$BTC moved exactly as expected.
After losing its trendline support, $BTC looks weak and may form a lower high before continuing its downside move. Right now, BTC is holding support around $71.8K, and this level must be broken for the bearish move to continue.
The short-term trend remains bearish, and traders should watch the $71.8K support level closely for confirmation of further downside momentum.
After losing its trendline support, $BTC looks weak and may form a lower high before continuing its downside move. Right now, BTC is holding support around $71.8K, and this level must be broken for the bearish move to continue.
The short-term trend remains bearish, and traders should watch the $71.8K support level closely for confirmation of further downside momentum.