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$BTC is not just dipping, its repricing 🚨
We topped near the ATH zone around 117K
Then Lower highs formed key support around 95K–100K failed and once 85K gave way, momentum accelerated hard.
Right now price is sitting around 66K after a sharp liquidation wick.
That long downside wick tells me forced selling kicked in not calm distribution, but panic unwinds.
A few things I’m watching 👇
• The 80K–85K zone is now broken supply. Any bounce into that area likely faces sellers
• Momentum is still bearish no clear higher low yet
• The move from ATH to the wick low is roughly a 35–40% correction
If buyers can’t reclaim 80K soon we’re probably looking at a broader retrace phase rather than a quick V-shaped recovery
Stay Safe.