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BTC — $68,746
- Trading right at the EMA 200, which is currently around $85,887 and sloping down hard.
- Price has been ranging between ~$64K and ~$72K since February, with that pink box marking the consolidation zone.
- Two double-bottom-style bounces near $64K (circled) gave some support, but the rally stalled right at the EMA 200 resistance.
- Now sitting at the bottom of that range again near $68.7K.
Key levels:
- Below $64K and it gets ugly fast — next real support is the $52K–$56K zone.
- Needs to reclaim $72K convincingly to flip the structure.