
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.

This is ugly! Not even a proper alt season. This time it is different ðŸ˜
There’s blood on the BTC streets today.
Yep! How low can they push it? Will BTC fall below 50k?
Don’t think so. My base case is a bottom at 58-63k.
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