$BTC is trading around $69,000–$71,000, after a sharp drop from its October 2025 high near $126,000.
The market is in a strong correction phase, with BTC having fallen over 40–50% from the peak.
RSI is near oversold levels (around 30–35), which often signals a possible short-term bounce.
Key support zone is around $68,000–$62,000, while major resistance sits near $74,000–$80,000.
ETF outflows and weak global risk sentiment are pressuring price, but some analysts see extreme fear as a potential contrarian signal.
💡 Suggestions
Short-term traders: Watch for a bounce from $68k–$62k with strong volume before entering. Use strict stop-loss.
Long-term investors: This zone may offer gradual accumulation (DCA) opportunities, but expect high volatility.
Risk management: If BTC loses $62k, downside toward $55k–$60k is possible, so avoid over-leverage.#BTC #btc70k #Binance #RiskAssetsMarketShock #BitcoinGoogleSearchesSurge
