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SpotOnChain | Announcement SpotOnChain | Announcement @spotonchain ยท 21.5K subscribers
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๐Ÿšจ BREAKING: $BTC breaks below $๐Ÿณ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ for the first time since April 7.

The clean break of this major psychological support opens the door to further downside as stop-losses and liquidations cascade. Next support zones: $68Kโ€“$69K (prior consolidation), then $65K.

๐—›๐˜‚๐—ฝ๐˜‡๐˜† ๐˜๐—ฎ๐—ธ๐—ฒ: Former support at $70K now flips to resistance. With spot BTC ETFs bleeding $6.6B over three quarters, the structural headwind makes any recovery attempt vulnerable to selling. Rallies into $70K are likely to be sold into until ETF flows reverse.

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