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That dump was aggressive, wasn’t it? Just as everyone started getting comfortable, the floor moved.
Looking at the $BTC daily, we’ve just wiped out the gains from the last few days in one go. We are sitting right at 68,461, which is dangerously close to that recent wick low around 68,400.
If we don't see a quick bounce here, the next logical stop is that psychological support near 65k. The volume on this drop is decent too, which means the sellers actually mean it this time.
I’m watching the close today very closely. If we lose this level, it’s going to get much uglier before it gets better.
Stay safe out there.
#GateLaunchesGateforAI