🚨 Crypto Dumps Again — Is $BTC Heading to $70K?
I already warned earlier, don’t blindly belive every small bounce.
When structure is weak and leverage is high, dips usually don’t stop at one candle.
This move is coming from pressure outside of crypto first, and structure second.
Macro is heavy right now. Growth expectations are cooling, liquidity is tight, and markets are positioned defensive. Trump floating a hawkish Fed chair pick adds more pressure by increasing odds of higher-for-longer rates. On top of that, partial US government shutdown risk is back in headlines. All of this pushes capital into risk-off mode.
Now zoom into BTC.
BTC failed to build strong higher-lows. Price kept stalling under resistance and drifting sideways. That is weak structure. At the same time, open interest kept rising, meaning leverage was building instead of real spot demand.
Many traders went long expecting upside continuation.
When BTC lost the intraday support zone, those early longs got forced out. Liquidations automatically market-sell positions. Those sells push price lower, triggering the next layer of liquidations. That is how cascades start.
So price is dropping because bad macro met weak structure and high leverage.
About levels.
$80K is the key line.
Hold above it and this move stays a shakeout.
Lose it clean and the next heavy liquidation pocket sits around $76K–$78K.
Below that, downside acceleration increases.
No protocol failure.
No major exploit.
No network issue.
This is a macro-driven deleveraging move.
Stay Alert, Keep thinking.
$ETH $BNB #CZAMAonBinanceSquare #USPPIJump #USGovShutdown
