🚨 Bitcoin loses $67 thousand healthy correction or greater alert?
BTC dropped to $66,987 (-4.2% in 24h), pressured by whale selling, macro uncertainty, and weakness in technology stocks.
📉 What is weighing down?
• Whales moving BTC to exchanges
• Drop in tech stocks (correlation with risk assets)
• Regulatory uncertainties
• Strong dollar and geopolitical tensions
📊 Volume rose 35%, indicating real selling — not just noise.
🎯 Important levels
• Immediate support: $65,000
• Resistance: $68,500 (MM50)
• Next supports: $62,000 and $60,000
RSI at 42 (neutral) → still no extreme overselling.
MACD indicates increasing bearish momentum.
🏦 Derivatives show caution
• Open interest declining (less leverage)
• Greater demand for puts at $65,000
Sophisticated investors are protecting positions.
📊 And the fundamentals?
Despite the drop:
✔️ Hashrate at historical highs
✔️ ~350 thousand transactions/day
✔️ Active addresses growing
✔️ Ongoing institutional interest
BTC is still ~45% below the historical high of $73,750 — corrections of this size have occurred in previous cycles.
🧠 Strategic Reading
The market seems to be undergoing a controlled deleveraging, not a structural collapse.
Historically, corrections of 10–20% are common within bull cycles.
The question now is:
📉 $65k will hold as a base…
or will we see a deeper test before the next attempt to recover?
$BTC $ETH $XRP #BTC #EHT #xrp #BTC100kNext #StrategyBTCPurchase