Bitcoin broke below the 3 equal lows around 65-66k To me, this level (the grey zone) hasn't been tested enough times to get confirmed. As such, this is a weak breakout to the downside. Currently out of BTC/ETH so I'm not risking anything in case it still decides to dump. Just pointing out the possibility of a fakeout. ETH looks really bearish while alts look OK so far (may not last!)
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$BTC WARNING ⚠️
POTENTIAL FAKEOUT?
Bitcoin broke below the 3 equal lows around 65-66k
To me, this level (the grey zone) hasn't been tested enough times to get confirmed. As such, this is a weak breakout to the downside.
Currently out of BTC/ETH so I'm not risking anything in case it still decides to dump.
Just pointing out the possibility of a fakeout.
ETH looks really bearish while alts look OK so far (may not last!)