Bitcoin is at $73,662 right now — and the chart is telling a story most people don't want to hear.
4H and 1D charts both show price below all major moving averages, with a death cross forming on the daily. I've been watching this $72,500 level for 3 days straight. The $72,582 low is the only thing standing between here and $70K. Eight straight days of ETF outflows, US-Iran tensions, and now the chart structure aligning bearish — this isn't panic noise, this is data. Most retail traders are hoping for a bounce. Hope is not a strategy.
My take: $72,500 holds or we see $70K before any real recovery. I'm not buying until bulls reclaim $75,500 with volume.
Are you waiting for confirmation before entering — or catching this falling knife?
BTC
73,548.72
-0.36%