Bitcoin fell below 70k thismorning, it didn't take long to lose support.
It was only four days ago that support over 80k fell.
https://www.bitget.com/trading-bot/spot/BTCUSDT
Bitcoin is falling, RIGHT NOW. You can see the selling, and the buying.
https://bitcointicker.co/stamp/btc/usd/30days/
"A total of 20,725.36 BTC ($1,393,937,810) were sent in the block with the average transaction being 8.7045 BTC ($585,443). AntPool earned a total reward of 3.13 BTC $210,516. The reward consisted of a base reward of 3.13 BTC $210,516 with an additional 0.0533 BTC ($3,584.83) reward paid as fees of the 2,381 transactions which were included in the block."
https://www.blockchain.com/explorer/blocks/btc/935147
HYPE is up (+19.3%), and Canton (+9.1%). Nearly everything else is down.
How long will this trend last, and how low will it go?
Using a reverse pitchfork, we can already see BTC dipping below the trend.
Can they extract a bounce out of this, or is Bitcoin headed to 50k next?
Crypto volume is dominated today by USDT (181b), BTC (115b), ETH (56b), USDC (26b), SOL (9b), XRP (8b), USD1 (3b), BNB (3b), DOGE (2b), SUI (1b), ADA (1b), HYPE (1b), PAXG (0.9b), XAUT (0.9b).
Just the past 3 hours we have seen BTC fall from $70,626 USD to a low of $66,339 USD.
Choose your money wisely.
@Darkflame
