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$BTC It's now or never in the next two days. Bitcoin at 72,000 faces substantial pressure here. If it breaks down, the pullback could be quite deep, potentially retesting previous lows like 65,500 and 62,400. According to historical patterns, Bitcoin's bear market isn't just a single price point, but rather a process of grinding the bottom over approximately 10 months. Given the current lack of clear positive catalysts, and considering that rate cuts are unlikely or we may even see rate hikes, as well as factors like US-Iran tensions and elevated US stock valuations, there are more headwinds than tailwinds. Looking at the weekly chart, 60,000 won't be the bottom.
$BTC