$BTC triggered $1.1 billion in liquidations and most traders still don't know what comes next.
Here's what the charts are actually saying:
📍 Current price: ~$66,000
📍 RSI: 35 — technically oversold territory
📍 50-day EMA: $61,454 — acting as key support
📍 200-day MA: $61,968 — price is dancing right around this level
The bearish case: MACD is negative, selling pressure is still there, and macro headwinds (Fed rates, strong dollar) are keeping institutional buyers cautious.
The bull case: RSI at 35 is where
$BTC has historically bounced. ETF inflows returned last week. If $63,000 holds as support, next target is $66,500.
My take? This isn't a crash. This is the market shaking out weak hands before the next move.
The real question is are you a weak hand right now, or are you holding?
Drop your honest answer below 👇
#BTC #CryptoAnalysis #BTCNextMove #BinanceSquare