BTC UPDATE: Flash Crash? Or Bullish Retest?
๐ Hey Traders! ๐
If youโre enjoying this analysis, smash that ๐ and hit Follow for high-accuracy trade setups that actually deliver! ๐น๐ฅ
๐ BTC just dropped nearly $10K in a single day, sliding from $84K to $74K amidst growing tariff tensions and broader market turmoil.
But hereโs the bullish twistโthis dump might just be a healthy retest.
BTC recently broke out of a strong inverse head & shoulders pattern, and what weโre seeing now looks like a classic neckline retest.
๐ Key Support: $72K
As long as BTC holds above this level, thereโs no reason to panic. Once the dust settles from this bloody Monday, momentum could shift back to the upside.
๐ข This could be a golden accumulation zoneโlow risk, high potential reward.
โ Invalidation Level: Weekly close below $72K
๐ฌ Whatโs Your Take?
Will BTC bounce from this level, or is there more downside ahead? Drop your analysis and predictions belowโletโs navigate this together and secure those gains! ๐ฐ๐ฅ๐