Prediction evidence

Ma

That Martini Guy ₿

@MartiniGuyYT

Bitcoin has now lost the $63,500 support level. That's the level I've been watching most closely over the past few days. Every previous dip into this area was bought up. This time, buyers haven't stepped in. The reason this matters is because support only remains support until it breaks. Once a level starts failing, the traders who were relying on it often become sellers instead. For the bulls, the objective now is simple: Reclaim $63,500 as quickly as possible. If they can't, then there's a strong argument that this range is beginning to break down. This is the first genuinely bearish development we've seen on the 4-hour chart for a while.