$BTC holding 68K but barely. Trading at 68,218 after getting rejected from 70,983 earlier. Down -0.77% and all three MAs sitting above current price... not ideal..

That 70,983 high was the excitement for the day. Then straight sell off back to 67,294 low before bouncing here. Volume massive at 1.08B USDT which shows this isn't a quiet day at all. Big players moving big money.

MA7 at 68,435, MA25 at 68,501, MA99 at 68,896. Price is below all of them right now. Need to reclaim 68,500 for bulls to feel comfortable again.

67,200-67,300 is the critical support zone. Lose that and we're probably testing 66K. Hold it and we could grind back toward 69-70K.

King is at a crossroads 👑