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SpotOnChain | Announcement SpotOnChain | Announcement @spotonchain ยท 21.5K subscribers
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๐Ÿ“ˆ BREAKING: $BTC has broken below $64,000 โ€” wiping ~$400 billion in market cap since May 11th.

๐—›๐˜‚๐—ฝ๐˜‡๐˜† ๐˜๐—ฎ๐—ธ๐—ฒ: $64K was the last major support from the post-halving rally structure. Losing it flips that level back into resistance and puts BTC in a sustained multi-month downtrend. The $400B loss represents forced selling, not paper losses โ€” any bounce into $64Kโ€“$65K is likely to face heavy sell pressure from trapped longs. The path of least resistance remains lower until a clear reversal candle prints on high volume.

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