📊 $70,000 – $69,200 = Pivot Support

Holding above this area was a key support level, and consequently, I felt the price was in a strong position.

The daily and weekly countdowns above this level could not be interpreted as a sign of continued support towards:

🎯 $76,000 – $80,000

But unfortunately


❌ This important level has been broken.

Now, the price is in the last area that might support the market:

📍 $67,500 – $68,000

This is currently the last line of defense for buyers.

⚠ Any daily close below $67,500 could trigger a sharp and volatile downtrend for Bitcoin.

📉 If we manage to hold this area for at least a week, we could see a drop to:

🎯 $50,000 – $47,000

$BTC

BTC
BTC
70,794.66
+0.21%