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Bitcoin Breakout About to Fail: Fakeout or Shakeout Dip to Clear the Longs?

Crypto Daily·July 23, 2026·1 min read
Bitcoin Breakout About to Fail: Fakeout or Shakeout Dip to Clear the Longs?

Bitcoin recently dipped back below the key horizontal support of $66K, leaving traders uncertain. The question is whether this signals a failed breakout or a shakeout dip by market makers to clear longs before the rally resumes. Bitcoin continues to keep traders guessing about its next move.

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