🚨 BTC: Who turned off the lights? 🕯️🔴
It seems that the bulls have taken a lunch break, and the bears have taken advantage of the occasion! This massive red candle quickly "swept" away the enthusiasm above 69,500, sending us directly to 68,216.88.
What do the indicators tell us in this "carnage":
Volume: It exploded on this drop (446.8k), a sign that many hit the "Panic Sell" button.
RSI(6): It plummeted to 27.56, diving deep into the Oversold zone. Usually, from here one can take a breath, but it depends on how much blood is still in the water.
STOCHRSI: It is in freefall (73.95 down from over 90), so the downward momentum is still strong.
The moment's strategy:
If the support at 67,868 doesn't hold, we are preparing to visit the lower floors. It's that moment when you realize that "Buy the dip" can turn into "Catching a falling knife". 🔪🩸
What are you doing? Buying on discount or waiting for all the blood to clear from the chart?
#BTC🔥🔥🔥🔥🔥 #CryptoCrashAlert #TradingAlert #BinanceSquare #bearish $BTC