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Updates about Bitcoin .
Price now: ~$68k–$70k
Crash low: ~$62.7k (worst since Nov 2024)
From the top: Down ~45% from the $126k ATH (Oct 2025)
Why BTC dumped
💥 $2.5B+ liquidations → leverage got nuked
📉 Risk-off macro → tech stocks fell, money moved to gold/silver
🏦 ETF outflows → institutions trimmed exposure
Key levels
🔴 $71.5k–$75k: Major resistance (needed for real recovery)
🟡 $66k: Short-term support
🧱 $58k–$60k: Critical long-term floor (200-week MA)
Market mood
⚠️ Short-term bounce = mostly short covering, not strong buying
🌱 Long-term bulls still eye $120k+ in 2026 if Fed policy shifts
🧠 MicroStrategy is underwater (avg buy ~$76k), adding nerves
$BTC $BTC