$BTC update. Dipped below $69,000, fam. What’s next?
We’ve seen a highly volatile market. Right now, technically, it looks like a bearish move toward $66,500. But dominance is sitting around 7.85% with resistance near 7.9%. If that holds, BTC could bounce toward $68,200 first.
Still, BTC needs to test the $66,500 support it’s been exposed for days and liquidity is sitting there. For that move, dominance likely pushes toward 8.2%, which can drive BTC down into that zone.
From here, I’m watching RSI reclaim above $69,100 for any short-term upside. Otherwise, structure still points to lower highs and lower lows toward $66,500 ±300.
I’m still a bit cautious last time dominance hit resistance, BTC behaved differently. Market is messy right now.
Not recommending shorts here Risky . I already have my position from earlier and will execute at my planned target.
Hope that makes sense. If you’re still confused, ask me anytime.
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