Bitcoin has officially slipped below the $67,000 support level today, currently trading at $66,975. While the "Extreme Fear" index has hit a chilling 14, is this the dip you’ve been waiting for or the start of a deeper slide?
🧱 The $69,000 "Wall of Resistance"
Top analysts, including Keith Alan from Material Indicators, warn that the $69,000 level has become a major psychological barrier.
History Repeats: This zone was the site of a massive 8-month consolidation in 2024 and the cycle top in 2021.
The Verdict: Without a strong catalyst (keep your eyes on today's US CPI data), the momentum to reclaim $69k simply isn't there yet.
📊 A Red February: Is the Trend Breaking?
Historically, February is a "Green" month, but 2026 is fighting the stats:
Bitcoin is down 14.4% this month alone.
The "Monday" Short: Over the last 4 months, shorting BTC on Mondays has had an incredible 18-out-of-19 win rate. 🤯
💡 What’s Next?
If the downtrend continues, we could be looking at the $62,000 - $60,000 zone to find a solid floor. However, "Extreme Fear" often precedes a massive bounce.
💬 SHARE YOUR THOUGHTS:
Are you Buying the Dip 🟢 or Waiting for $60k 🔴?
Drop your prediction below! 👇