🚨 Bitcoin just hit a level the market can't afford to ignore. The daily 200 SMA is now being tested, and the reactions are already split. Some see this as the area where buyers finally step in. Others believe there's more downside ahead. But here's what matters: If buyers defend this zone and reclaim lost levels, the current sell-off could look very different in hindsight. If it fails, the $70K area comes into focus, with $60K being watched as a deeper support zone. No need to guess the bottom. Watch how price reacts here. That's where the next clue will come from.
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