Bitcoin (BTC$BTC) has already survived tougher conditions, but the next development will probably depend on one thing: can buyers step in with enough strength to absorb this selling pressure?
And also by looking at the aspect of technical analysis.
This area perfectly aligns with the upward trend line, a key level ($69,000) that buyers must maintain.
If the support holds, a bounce towards the resistance of $72,500 – $75,000 is likely.
If the trend breaks, expect a more pronounced pullback.
The structure remains bullish… but this level is critical.
BTCUSDT
Perp
67,172.6
+0.37%
BNB
616.01
+0.27%