🚨 BITCOIN FALLS TO $63,000: Is there macroeconomic panic or an imminent rebound?
Body of the post:
The crypto market reacts strongly to global news. Bitcoin has just broken the key support of $65k and is currently trading at $63,453 (see chart).
📉 Why is it falling?
As the media reports today, this correction of -13.64% is not isolated. It is being driven by a "domino effect" following the collapse of tech stocks and weak employment data in the U.S. Fear in traditional markets has spilled over to crypto, triggering massive liquidations.
📊 What the chart says RIGHT NOW:
Look at the capture: The price has hit a low of $62,345. But the most impressive figure is the RSI (6) which is at 3.65.
This indicates extreme overselling. Technically, the elastic is very stretched downward.
🤔 The big question for the community:
Knowing that the drop comes from macroeconomic data from the U.S., do you think $62k will hold as a floor or are we heading to $50k?
Let's debate in the comments! 👇
#Bitcoin #BTC #crisis #MERCADOBAJISTA👇 #BİNANCESQUARE
