#bitcoin just slipped below the $70,000 psychological level and is currently trading around $67,189, down roughly 1.68% in the last 24 hours. The move comes as the broader market sentiment turns cautious. The Fear & Greed Index dropped to 18, signaling extreme fear across the market.
Interestingly, smaller retail wallets are stepping in to buy the dip, while whales appear to be taking profits, accounting for a large portion of recent selling activity. At the same time, spot Bitcoin ETFs recorded about $348.9M in net outflows, the biggest withdrawal seen in the past few weeks.
Technically, the $67K–$68K zone is now a critical support level. If it holds, the market could attempt another push toward $69.5K–$70K resistance. But if support fails, the next area to watch sits closer to $65K.
Volume will likely decide the next direction. Without stronger buying activity, volatility could remain high in the near term.
Do you think BTC will hold the $67K support or test $65K next?