Will the big pancake of $BTC drop to 66000?
As soon as the monthly chart opened at midnight, it directly returned to the 69000 position. Just yesterday, it broke below 72000 points and then started to decline all the way down.
$ETH performed even weaker; the high point from the day before yesterday was directly corrected yesterday, with no room for any rebound, dropping more than 200 dollars directly. As a result, altcoins also suffered, performing even worse.
Now that the BTC market has returned to around 69000 points, everyone can pay attention to the key position at 66000 points. This position is very important for the current upward channel. The range from 70000 to 73000 is now a danger zone.
On the intraday level, the price spiked to around 69000, and resistance can be observed in the range of 70600 to 71200; when it reaches here, it may correct. As for the support level, attention can be given to around 67200.
