The "Market Analyst" (Educational & Technical)
Headline: 📉 $BTC Testing the $66k Floor: Accumulation or Breakdown?
The market is at a crossroads. After a brutal start to 2026, Bitcoin is currently hovering near the $67,000 mark. We’ve seen three failed attempts to break back above $70,000 this month, signaling heavy selling pressure.
Key Technicals to Watch:
Support Zone: $60,000 – $65,000. If this breaks, we might see a liquidity flush.
Resistance: $70,500. We need a daily close above this to flip the sentiment.
Indicator Check: The 50-period EMA is still sitting far above current price levels—the bears are technically in control for now.
My Strategy: I’m keeping a close eye on the RSI for "oversold" signals on the 4H chart. Staying patient and not FOMO-ing into "fake-out" pumps.
What’s your move? Are you buying the dip or waiting for $60k? 👇
#Bitcoin #Trading2026 #TechnicalAnalysis #BinanceSquare #CryptoMarket