today $BTC BTC Analysis + Next Move đ§đ
Bitcoin is in full-blown meltdown mode, trading near $65,000 after a brutal -25% dump in just 7 days. The once-critical $70,000 safety net has been completely obliterated, dragging price to its lowest levels in over a year and wiping out all gains since the 2024 U.S. election. đ§âïž
đ Quick Breakdown
The technical structure is a straight-up crime scene.
$BTC BTC has now crashed nearly 50% from its October 2025 ATH of $126,200, sliding toward $60,000 and officially confirming a 2026 Crypto Winter scenario.
đ RSI at ~30 â deeply oversold, but no real buyer confidence
đ± Fear & Greed Index at 18 (Extreme Fear) â panic selling on every bounce
đŠ $528M drained from spot BTC ETFs
đ Whale distribution accelerating
Together, this has created a liquidation death spiral where volume alone is powerless to stop the bleed. đ·ïžâ ïž
Real talk: This is NOT a normal correction â itâs a massive liquidity flush. Until BTC reclaims $70,000, bears fully control the narrative. đđ§
đ±đ§ż THE NEXT MOVE đ§żđ±
đ©ž Bearish Abyss
If BTC loses $62,000 on a daily close, expect a fast breakdown toward $56,000â$60,000.
Some macro analysts are even flagging a long-term risk toward $30,000 if global conditions worsen. âïžđŻ
đŹïž Relief Trap
A short-term bounce to $66,000 is possible due to oversold conditions â but donât get trapped.
This would likely be a dead-cat bounce unless bulls can reclaim $75,000 as support. âĄđ±
âąïž Bottom Line
BTC is radioactive right now.
Watch $60,000 like a hawk â a clean break below it could trigger a deep capitulation phase. đ§đ
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