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🚨 Bitcoin's 14-year trendline broken
📉 This line survived Mt. Gox, 2018, COVID, FTX
💀 Today, it has failed
📊 Key data:
Trendline: effectively broken
200-week moving average (~$62,000): lost
24-hour liquidations: **$303 million** (longs accounted for $258 million)
ETF: net outflow of $606 million for two consecutive days
💎 Key observation points:
$60,000: psychological level, if broken, next target $57,500-$58,000
Rebound strength: whether it can recover $62,000 with volume within 1-2 weeks
📢 Old support broken, new structure to be built.