BTC Technical Analysis: Why the $65K "Line in the Sand" Matters 🔍

​Bitcoin is in a classic "Wait-and-See" phase, but the bears still have the upper hand on the macro scale. Here is the breakdown:

​1. The Resistance Wall: We've been rejected from $70,000 four times this month. This has created a "heavy" price action. The 200-day Moving Average is currently sloping down—this is traditionally a bearish signal.

​2. The Liquidation Heatmap: There is a massive cluster of long liquidations sitting between $60,000 and $63,000. Market makers love to "clean" these out before any real bull run begins.

​3. Macro Pressure: With the US-Iran tensions and the Fed's stance on "fake dollars," smart money is rotating into Gold (look at Tether buying 148 tonnes!). BTC is being treated as a high-risk tech asset right now, not a safe haven.

​Conclusion: Expect a "Fake Pump" to trap buyers, followed by a slide to test the $58,000–$60,000 support.

​Trade Plan: I’m not entering "Long" until we get a daily close above $72,000. Stay safe, legends.

​#TechnicalAnalysis #MarketUpdate #WhaleAlert #BTCAnalysis #RiskManagement