📌 What’s next? BTC is dropping without stops, and the next potential reversal zone is the $74,012 – $48,872 manipulation area, which could act as strong support.
If we consider a 0.5 correction of the entire rally, that would bring BTC below $62,561.
A quick and sharp recovery seems unlikely — more likely, BTC will enter a prolonged sideways phase for several weeks.
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👋 Hey, everybody.
#BTCUSDT overview
BTC below $79,000 🚨
🕯 Market continues to fall:
▪️ Market cap: $2.61T
▪️ BTC dominance: 60.73%
▪️ Fear & Greed Index: 12 (Extreme Fear)
📌 What’s next?
BTC is dropping without stops, and the next potential reversal zone is the $74,012 – $48,872 manipulation area, which could act as strong support.
If we consider a 0.5 correction of the entire rally, that would bring BTC below $62,561.
A quick and sharp recovery seems unlikely — more likely, BTC will enter a prolonged sideways phase for several weeks.
📊 Global markets:
▪️ Dow Jones: -0.44% (monthly low)
▪️ S&P 500: -1.58%
▪️ NASDAQ: -2.78%
▪️ DXY (Dollar Index): +0.83% (107.21)
⚠️ PCE data drops at today — markets are pricing in a negative scenario.
#BTC