🔴 BTC First Red Day - Shakeout or Reversal? | June 17

Six green days and then this. Bitcoin finally hit a red candle this morning - dropping nearly $2,000 from the high. Here is what you need to watch.

📊 June 17 Price Breakdown:
- Open: $66,499
- High: $66,895 (resistance)
- Low: $64,782 (support)
- Current: $64,944 (-2.34%)

Key Levels:
🔴 Resistance: $66,895 - bulls need to reclaim this to restart the rally
🟢 Support: $64,782 - the line in the sand, watch this closely

The volume on the selloff was very low compared to the buying volume earlier in the morning - that is a sign this could be a shakeout, not a full reversal. Low volume drops after big runs are common.

Hold above $64,782 and this is a healthy pullback. Break below it on heavy volume and the trend changes.

If this breakdown helped you - smash that LIKE button, hit SUBSCRIBE, and ring the bell so you never miss a move. Cipher Edge - daily crypto intel, every single morning. Let's get it.

#Bitcoin #BTC #CryptoTrading #BTCAnalysis #CryptoNews #PriceAction #BTCToday #CryptoShorts #TechnicalAnalysis #CipherEdge #Shorts

Видео 🔴 BTC First Red Day - Shakeout or Reversal? | June 17 канала Akr88