🚨 $BTC: History Repeating? 📉

$BTC is staring down a critical test. We're at a point eerily similar to the beginning of previous bear markets – right at the 50-day Simple Moving Average (SMA).

Lose this level, and brace yourselves. 🐻 Reclaim it, and the bull cycle likely continues. This isn't just a technical level; it's a make-or-break moment. Keep a close eye on $LIGHT and $SUI as well – market sentiment is fragile.

#Bitcoin #Crypto #BearMarket #TechnicalAnalysis 🚀

BTCUSDT

Perp

87,658.5

+0.67%

LIGHTUSDT

Perp

0.8476

-0.08%

SUIUSDT

Perp

1.416

+0.65%