$BTC has had a brutal couple of weeks, officially breaking below the psychological $60k floor and hovering around $59,300. It’s the lowest we’ve seen it in a long time.
A lot of things hit at once—heavy AI tech stock sell-offs forcing investors out of risk assets, and a massive $6.4 billion exiting Bitcoin ETFs over the last month. We're testing a massive long-term support level here. If it holds, it's a historic buying zone, but a lot of traders are sitting on their hands waiting to see if the bleeding stops first.
Are you bidding this level or waiting for a clearer reversal sign?
#Bitcoin #BTC #CryptoNews #CryptoTrading #Binance #Crypto
A lot of things hit at once—heavy AI tech stock sell-offs forcing investors out of risk assets, and a massive $6.4 billion exiting Bitcoin ETFs over the last month. We're testing a massive long-term support level here. If it holds, it's a historic buying zone, but a lot of traders are sitting on their hands waiting to see if the bleeding stops first.
Are you bidding this level or waiting for a clearer reversal sign?
#Bitcoin #BTC #CryptoNews #CryptoTrading #Binance #Crypto