🚨 $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 cycle 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

87,837.7

+0.75%

LIGHTUSDT

Perp

0.8503

-0.92%

SUIUSDT

Perp

1.4205

+0.97%