$BTC on the daily chart looks freakishly similar to the most recent breakdown a few months ago... 👀 As we can see, Bitcoin is retesting its final level of support around $63.6k-$62.4k, which is VERY similar to earlier this year when Bitcoin was retesting the $83k-$84k region before eventually breaking down. We are seeing the exact same capitulation candles, with daily closes looking very similar to what we saw back in January before price broke down to new bear market lows. If this final level of support does not hold, we will likely see a strong flash crash to new lows, just like we did in January. The main levels I'm keeping a VERY close eye on are $52k-$48k, where we saw price bottom during the summer and fall of 2024. From that level, I would expect a relatively strong bounce that could provide a solid setup for some decent swing trades. Keep a very close eye on price action over the coming days, as this next move lower could be extremely quick and extremely violent…

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