BTC Update – Things Are Looking Heavy
Not gonna lie… this chart doesn’t look strong right now.
After losing that key support area and breaking down from the rising structure, BTC is clearly struggling. Every bounce is getting sold into. Lower highs are forming, and sellers are in control at the moment.
If this weakness continues, I’m watching the $52K – $49K zone next. That area makes sense technically and liquidity-wise. Wouldn’t be surprised to see price gravitate there.
That said, I’m not trying to hero-trade this.
I’m patient.
My real accumulation zone is much lower — around $31K to $29.5K. That’s where I’d feel comfortable starting serious long-term buys. If we ever get that kind of panic move, that’s when things get interesting for me.
Until then?
No rush. Let the market come to you.
What’s your plan here — buying dips or waiting for deeper levels? 👇
