🟡 Bitcoin Eyes $50K Bottom as Traders Monitor Key Support Levels

Bitcoin traders are increasingly watching the $50,000 level as a potential macro bottom, as current price action remains fragile and technically decisive. Short-term support near ~$67,350 is under the microscope — a break below this zone could open the door to deeper retracements before a sustainable recovery forms.

Key Facts:

• BTC briefly rebounded over $70,000 but traders remain skeptical it’s a confirmed bottom.

• $67,350 support is crucial — loss of this level could see price slide toward $50,000 as traders price in macro stress.

• Bullish scenario: reclaiming and holding ~$74,400 could invalidate deeper lows and open the path toward $80,000+.

• Broader market sentiment continues to show caution, with some analysts warning the bear phase might persist until lower support levels emerge.

Expert Insight:

Market structure suggests Bitcoin hasn’t confirmed a durable bottom yet; traders are balancing between key technical supports and potential range extensions. A break below $67K–$60K could accelerate downside momentum toward $50K while reclaiming higher resistance levels would signal renewed buyer strength.

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