$BTC 's Bearish Engulfing Pattern: A Sign of Weakness? 🐻

A bearish engulfing pattern has formed on #Bitcoin 's 4-hour chart, indicating a potential downward trend. 📉 This, coupled with the recent price drop below the $70K level, suggests that #BTC might be losing momentum.

However, we're keeping a close eye on the $66K level, which could act as a strong support. 😤

While short-term volatility is expected, 🎢 we believe Bitcoin will find its footing and continue its upward trend when looking at bigger picture! 🤞😅 Let's see how this plays out! DYOR!