Bitcoin: False breakout or preparation for capitulation? 📉
Bitcoin ($BTC ) continues to test investors' nerves.
Today, the price is trying to hold above $67,200. According to Investing.com, the BTC dominance index has started to decline, but capital is not flowing into altcoins; instead, it is moving into stablecoins. Traders note the formation of a 'bear flag' on the 4-hour chart, indicating the risk of testing the $65,400 level.
As reported by ForkLog, spot ETFs recorded a net outflow of $110 million in one day. This indicates caution among large players ahead of the release of new macroeconomic data from the USA. Right now, we are witnessing a struggle for liquidity: the market is gathering stop-losses, preparing the ground for the next big move.
The $67,000 level remains critical — its loss could intensify panic.
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