$BTC (Bitcoin) is absolutely bleeding out right now and it’s getting ugly. We just sliced through that 68k level like it wasn't even there and now we're sitting at 64,129. The 24h high was way up at 73,680 so this is a massive haircut in a single day. Volume is heavy on the sell side and that last candle shows a tiny bit of a wick at the bottom, but the momentum is still heavy to the downside. If we don't find some serious buyers at this 62k support soon, we might be looking at a much deeper correction. Definitely not the time to be a hero without a plan. Stay safe out there.
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Wait, did everyone just look away for a second?
$BTC (Bitcoin) is absolutely bleeding out right now and it’s getting ugly.
We just sliced through that 68k level like it wasn't even there and now we're sitting at 64,129.
The 24h high was way up at 73,680 so this is a massive haircut in a single day.
Volume is heavy on the sell side and that last candle shows a tiny bit of a wick at the bottom, but the momentum is still heavy to the downside.
If we don't find some serious buyers at this 62k support soon, we might be looking at a much deeper correction.
Definitely not the time to be a hero without a plan.
Stay safe out there.
#BuyTheDipOrWaitNow?