#CryptoAlert $BTC $BTC

Breaking Crypto Alert: Bitcoin Bears Tighten Grip, Key Support Levels at Risk

Bitcoin's Bearish Streak Persists: Key Levels to Watch

Bitcoin's attempt to rebound from the 50-day SMA ($66,189) has stalled, indicating ongoing selling pressure from bears.

Current Support Level: $66,500

If breached: Potential drop to $60,000

If bears dominate: Further decline to $56,552

Bullish Strategy: Bulls need a quick push above the 20-day EMA ($67,612) to aim for $70,000 and potentially $72,000.

Immediate Action Required: Time is running out for bulls to reverse the trend.

Stay informed and vigilant as Bitcoin navigates these critical support and resistance levels.