Be aware that Bitcoin may go down. ๐ฅต๐ฅถ๐(๐ Bitcoinโ)
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๐ Why Bitcoin Is Falling
1. Key Support Break at $100K
Veteran analyst Capo warns if BTC drops below $100K, it could tumble toward $70K next .
2. Weak Support Between $70Kโ$80K
On-chain data shows a "supply gap" in that range โ meaning few investors bought there before, so thereโs less support to catch a fall .
3. Technical & Sentiment Signals
MACD is trending negative, and MVRV suggests smart money is offloading. If the $90Kโ$76K range fails, $70K becomes a likely test .
4. Institutional ETF Pressure
Traders like Arthur Hayes note that ETF outflows and hedging moves could trigger Bitcoin to stall or dip toward pre-election levels around $70Kโ$75K .
5. Macro Risks & Geopolitics
Concerns over trade tariffs, budget debates, or global inflation are adding pressure to risk assets like BTC .
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๐ How the Decline Could Play Out
First test: $90Kโ$92K โ where some consolidation may slow the descent.
Next major zone: $76Kโ$80K โ breaking this opens the door to...
Deep drop: $70,000 USDT โ the next โpractical bottomโ and point of heavy resistance around lowโtoโmidโ$60K .
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โ Bottom Line
$70K drop is plausible if key supports crack and institutional outflows continue.
Multiple technical and onโchain cues point to $70K as the next big test.
