$BTC Bitcoin (BTC) Teeters on the Edge: Could $65K Be Next? šā ļø
Bitcoin (BTC) remains within its ascending channel, but the bullish momentum is fading quickly. Hereās why a major pullback could be on the horizon:
⢠šØ Momentum Stalling: BTC hit $91,000 but couldnāt hold, now slipping to $89,500.
⢠š» Support Weakening: The critical $87,000 zone is under pressureāif it breaks, trouble looms.
⢠š Bearish Breakdown? A drop to the channelās midline at $75,000 is looking more likely.
⢠ā ļø Deeper Decline Possible: Losing the midline could send BTC spiraling to $65,000.
⢠š° Market Jitters: Profit-taking and investor caution are weighing down the rally.
BTCās uptrend is looking fragileācould a sharp correction be next? Share your thoughts!