Bitcoin Breaks Down Technically as Traders Shift Focus to $68K Long-Term Support

Bitcoin is experiencing a technical breakdown, indicating a potential shift in market sentiment and price dynamics. As a result, traders are increasingly redirecting their attention towards the long-term support level at $68,000, which has historically served as a significant indicator of price stability and investor confidence in the cryptocurrency's future performance. This transition in focus suggests that market participants are reevaluating their strategies and are more cautious about the asset's short-term trajectory. source: https://blocknews.com/bitcoin-breaks-down-technically-as-traders-shift-focus-to-68k-long-term-support/