📉 Bitcoin's price is on a slide, folks! Can't seem to break past that $75K barrier. But hey, don't sweat it. Is it a market pause or just a blip? 🤔

• Daily chart shows a dip below $65K, but $60K is holding strong.

• 200-day moving average is around $57K, could be our safety net if $60K crumbles.

4-hour chart had a brief scare, dropping below $60K, but bounced back quick. Classic fake-out, right? Could be a sign of a rally to $65K. 🚀

But, RSI is under 50% - sellers might still have the upper hand. A drop below $60K could still be on the cards.

On-chain metrics show Bitcoin whales are making big deposits, possibly to sell. If this keeps up, we might see prices drop further due to excess supply.

What do you think? Is this a dip to buy or a sign to sell? Let's chat in the comments! #Bitcoin #CryptoNews