#Bitcoin Trading around $66.5k..

So,

Why $BTC Falling Down...?

Already, told you many times at earlier into my post, theirs a strong Resistance Level of $69k to 70k, and #BearishZone holder's will be denying to cut-off the mark, so it take reversal from $69.6k here..

As per analysis, some points are-

✔️The main reason for the entire crypto market decline is that the bears in Bitcoin successfully defended an attack on the $70,000 level.

✔️Investors intensified selling at $69.5K early on Monday & pushed the price down to $66.5K on Tuesday morning.

Additionally,

✔️Stablecoin volume has not increased since late September, creating a potential setback for broader cryptocurrency market growth as stablecoins are typically viewed as liquidity for quick purchases of the underlying cryptocurrency.

The previous growth momentum was from August to September, when the overall crypto market capitalization was pushed off the bottom.”

Let's see, what's happening next..

But,

As per Technical Chart Analysis on this Strategic mode of market huge sentiments of BullRun vs Bears, the lower cut-off point is around $65.6k to $64.3k now and after many chances to set their reversal for Uptrends again to Break-out the Resistance point of $70k.

By the way, always using to do..

DYOR and Trade with #StopLoss in Crypto

It's the topic of #Write2Earn also.

Just use #ScrollOnBinance too.