📉 Bitcoin Update: Consolidation or Crash? 📈
$BTC has recently filled an FVG and has been rejected from the Yearly VWAP VAL. The trend is still bearish, but looking at 'Extreme Fear' and high volume, it seems the price will pause or consolidate here.
🔍 Market Insights
* Downside Risk: There is significant liquidity below $60.8k. If this gets swept, we could see a big drop.
* Upside Hope: As long as BTC does not sustain above $73k, talks of recovery will be premature.
* My Move: The market has been dumping during my sleeping hours since mid-January, so clean entries have not been available. But now alarms are set—getting back into the action! ⚡
🎯 Key Levels to Watch
* Resistance (Above): 73,000 | 75,500 | 77,100
* Support (Below): 68,100 | 66,800 | 65,250
Current Price: ~$69,064 (-2.75%)
⏰ Alarms Set: 93.5k, 90.5k, 67.2k, and 65.3k levels are being monitored. Stay sharp!