Bitcoin is now trading around $69,000, after facing rejection near the $71K zone. The big question: Is this the dip to accumulateโฆ or is more downside coming? ๐ Key Levels to Watch: โข ๐น Immediate Support: $68,000 โ $69,000 โข ๐น Major Support: $66,500 โ $67,000 โข ๐น Resistance: $70,500 โ $71,000 If BTC holds above $68K and volume increases, we could see a recovery bounce back toward $70K+. But if $68K breaks with strong selling pressure, the next support zone may be tested. ๐ก Strategy Idea: Smart traders wait for confirmation. No emotional entries โ watch liquidity, volume, and structure. At $69Kโฆ are you buying the dip or waiting for a deeper pullback? ๐ #BuyTheDipOrWaitNow? #BTC #Bitcoin #CryptoTrading #BTCUSDT
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๐๐ฅ #BuyTheDipOrWaitNow?
Bitcoin is now trading around $69,000, after facing rejection near the $71K zone.
The big question:
Is this the dip to accumulateโฆ or is more downside coming?
๐ Key Levels to Watch:
โข ๐น Immediate Support: $68,000 โ $69,000
โข ๐น Major Support: $66,500 โ $67,000
โข ๐น Resistance: $70,500 โ $71,000
If BTC holds above $68K and volume increases, we could see a recovery bounce back toward $70K+.
But if $68K breaks with strong selling pressure, the next support zone may be tested.
๐ก Strategy Idea:
Smart traders wait for confirmation.
No emotional entries โ watch liquidity, volume, and structure.
At $69Kโฆ are you buying the dip or waiting for a deeper pullback? ๐
#BuyTheDipOrWaitNow? #BTC #Bitcoin #CryptoTrading #BTCUSDT