Bitcoin Evening Market Update: ⚡️BTC has decisively broken below the 200-week moving average; 67.5K is the last line of defense. The price is highly unlikely to rebound and will likely fall directly to 62-53K!! Current price: around 67,200. The 200-week moving average (68K) has been breached. This is not a false move; it's a substantial breach at the weekly level. ETFs have seen outflows for nine consecutive days, totaling over 2 billion, with BlackRock accounting for 90%. There's a split among whales; older whales are buying, while super whales are selling. Short sellers are unable to push the price down further, and longs are hesitant to push it up. Holding onto 67.5K is just a temporary respite; a break below that level would target 65K, and then 62K-63K. This isn't the bottom; it's just a slower decline. If the weekly close doesn't recover to 68K, the bull market structure needs to be reassessed. A rebound to 71.5K is a selling opportunity, not a buying opportunity.