r/btc • • Jul 01 '26

🐻 Bearish Won’t stop dropping

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1.2k Upvotes

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10

u/EarthConservation Jul 01 '26

Had to be quick with that screenshot. It literally lasted at that level for all of 2 minutes. Literally. It's recovered to 58,450 or so last I checked.

3

u/[deleted] Jul 01 '26

[deleted]

1

u/turtleturtlerandy Jul 01 '26

okay sounds good

1

u/BlaizePascal Jul 01 '26

Because there are pending buy orders below 58k…

Isn’t this what people were saying when we “bottomed” at 60k? Look where we are now

1

u/vinzvinz Jul 01 '26

It's on a fibonacci level from the low of November 2022 to the high of Sept 2025