The $67k floor just turned into a ceiling. 📉
With Bitcoin breaking below key support levels today, the technical structure for Q1 2026 is officially compromised. We are seeing:
Negative Funding Rates: Traders are heavily positioned for more downside.
ETF Exodus: Over $7.9B in outflows since the October peak—the "institutional bid" has left the building.
The $60k Gravity: Without a rapid reclaim of $70k, the 200-week moving average is the next logical magnet.
The "4-year cycle" isn't dead, but it’s currently in a painful re-accumulation phase. Cash is a position. 🛡️
#Bitcoin #CryptoMarket #Bearish #BTC
