$BTC DROPS TO $60,738 — CRITICAL SUPPORT ZONE IN PLAY 📉
Bitcoin just slipped below $61,000 again in sync with the US stock open, this time tagging $60,738. MSTR followed with a 3.33% loss — classic correlation during risk-off hours. The market is now probing the same structural support that has held during previous intraday sell-offs.
This repeated sweep below $61k suggests liquidity is being drawn before a potential reaction. Volume is climbing on the 15-minute chart, and the price is hovering right at a key order block from last week.
Are we seeing a final shakeout before the recovery, or is this the start of a broader breakdown?
Not financial advice. Always manage your risk.
#BTC #MarketStructure #LiquiditySweep #CryptoCorrection #SupportZone
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Bitcoin just slipped below $61,000 again in sync with the US stock open, this time tagging $60,738. MSTR followed with a 3.33% loss — classic correlation during risk-off hours. The market is now probing the same structural support that has held during previous intraday sell-offs.
This repeated sweep below $61k suggests liquidity is being drawn before a potential reaction. Volume is climbing on the 15-minute chart, and the price is hovering right at a key order block from last week.
Are we seeing a final shakeout before the recovery, or is this the start of a broader breakdown?
Not financial advice. Always manage your risk.
#BTC #MarketStructure #LiquiditySweep #CryptoCorrection #SupportZone
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