BTC UPDATE: Flash Crash? Or Bullish Retest?
🚀 Hey Traders! 👋
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📉 BTC just dropped nearly $10K in a single day, sliding from $84K to $74K amidst growing tariff tensions and broader market turmoil.
But here’s the bullish twist—this dump might just be a healthy retest.
BTC recently broke out of a strong inverse head & shoulders pattern, and what we’re seeing now looks like a classic neckline retest.
📌 Key Support: $72K
As long as BTC holds above this level, there’s no reason to panic. Once the dust settles from this bloody Monday, momentum could shift back to the upside.
🟢 This could be a golden accumulation zone—low risk, high potential reward.
❌ Invalidation Level: Weekly close below $72K
💬 What’s Your Take?
Will BTC bounce from this level, or is there more downside ahead? Drop your analysis and predictions below—let’s navigate this together and secure those gains! 💰🔥🚀