🚨 Market Status Update: Has the Deep Correction Phase Begun? 📉
As shown in the attached chart, Bitcoin $BTC is going through critical moments:
1️⃣ Technical Direction: The price is currently trading around $69,800 after failing to break the resistance at $72,100.
2️⃣ Support Zone: We are currently at the 69,000$ level. Breaking this level could open the door for a deeper correction towards $65,000.
3️⃣ Today's Strategy: Monitor the rebound from the green support area. Caution is required, and sticking to the stop-loss is very necessary.
💡 Tip: Do not get swept away by emotions, always follow the numbers and the chart.
What are your expectations for Bitcoin in the coming hours? Will we see a rebound or a continuation of the decline? 🤔 Share your analyses with us!
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