📊 $BTC : Looking for support after the drop? 🤔
Hello, 👋 Today's chart shows Bitcoin feeling the pressure. 📉📉 After a drop of -3.52%, the price struggles to consolidate near $66,200.
Key points:
🛑 Critical support: We broke down and the price is below the moving average (MA60). 📉🛑
✨ Neutral RSI: The strength indicator (RSI) is at 52, suggesting that the bears are in control after aggressive selling, but there is no extreme overselling yet. ⚖️
📊 Volume: Volume has increased, confirming that the drop had strength. 📉📉
My reading: The market is digesting the news. We need to see if the bulls can defend this psychological support zone to avoid further drops. 👀🐂⚖️
What do your indicators say? Do you see a buying opportunity or do you think we will look for $65,500? Let me know what you think below! 👇
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