The crypto market is facing a significant "risk-off" sentiment today. After a sharp decline from its all-time highs, $BTC is currently battling to maintain its position above the crucial $60,000 psychological support level.
While the broader market feels the pressure from global tech stock volatility, we are seeing a modest rebound toward the $64,000 - $65,000 zone. Historically, these "blood in the streets" moments have served as accumulation zones for long-term holders, but the increased liquidations suggest caution is still needed.
Key levels to watch:
✅ Support: $60,000 (The line in the sand)
🎯 Resistance: $68,500 (Confirmation of a local bottom)
Are you buying this dip or waiting for further stabilization? Let’s discuss in the comments! 👇
#Bitcoin #CryptoMarket #tradingStrategy #BinanceSquare $BTC @CZ
⚠️ Disclaimer
This post is for informational purposes only and does not constitute financial or investment advice. Always do your own research (DYOR) before making any trading decisions.$BTC