🚨 **$BTC Update** 🚨
$BTC 📉 The bearish scenario played out exactly as expected after losing the $73K level, sending price down into the $70K–70.8K target zone.
🎯 **Key Level:** $70.5K
This is the line in the sand. A break below could open the door to **$65.5K–66.9K** support.
📊 **Orderflow Update:**
✅ Orderbook turning positive
✅ Spot CVD showing signs of recovery
🔄 A bounce is still possible from here, but the structure is weaker than it was 48 hours ago.
⚠️ **Resistance:** $72.6K–73K
BTC needs to reclaim this zone before the outlook turns bullish again.
🚀 **Bounce Target:** $74.3K (poor highs)
💎 One interesting note: Altcoins held up surprisingly well during the dump. This could mean **ETH outperforms BTC** on the next recovery move.
👀 Watching the reaction level by level. Stay sharp!
#BitcoinFearGaugeSurgesNearly20% $BTC
