Is BTC falling again? BTC may head straight for 62k! 💥💸
On Friday, BTC plummeted 7% during the day, dropping to $65,700, shocking the market 😳. Since the sharp decline in early February, BTC has been fluctuating within the range of 65k–72k, and the unstable support is concerning.
Analyst Altcoin Sherpa warns: if the current price level cannot be maintained, Bitcoin may drop another 6%-10%, targeting 60k–62k. 🧐#BTC行情
On the technical side, the BTC bear flag pattern has been in place for two months, and the RSI momentum is also weakening 📉. Ted Pillows warns: the decline is just a matter of time, and the bull market may have to wait a bit longer. #特朗普再挺比特币
Key focus: Can the weekly closing price hold above the 200-week moving average? If it can't, breaking support and even testing lower price levels is not impossible. BTC is currently trading at $65,600, with a weekly decline of about 6%, and short-term volatility still requires caution! #全球市场波动