🚨 $BTC IS LOSING MOMENTUM ARE BEARS TAKING CONTROL? 🐻
Bitcoin rejected the $65.2K–$65.4K area and has now dropped toward $63.5K, creating a clear short-term bearish structure on the 1H chart. 📉
🔴 Key Levels:
$63.4K–$63.5K → immediate support
$63.2K → next support
$62.8K → major downside target
$64.0K–$64.4K → key resistance/rejection zone
$65.2K–$65.4K → major resistance
📊 Bias: 68% Bearish | 32% Bullish
⚠️ Strategy: Don't chase the dump. Watch for a bounce toward $63.8K–$64.1K and rejection; losing $63.4K could open the door toward $63.2K → $62.8K.
🔥 Bullish invalidation: A strong reclaim above $64.4K could flip the short-term structure back toward the bulls.
#SenateDelaysCLARITYActVoteToSeptember #BTC $VELVET $BTR
Bitcoin rejected the $65.2K–$65.4K area and has now dropped toward $63.5K, creating a clear short-term bearish structure on the 1H chart. 📉
🔴 Key Levels:
$63.4K–$63.5K → immediate support
$63.2K → next support
$62.8K → major downside target
$64.0K–$64.4K → key resistance/rejection zone
$65.2K–$65.4K → major resistance
📊 Bias: 68% Bearish | 32% Bullish
⚠️ Strategy: Don't chase the dump. Watch for a bounce toward $63.8K–$64.1K and rejection; losing $63.4K could open the door toward $63.2K → $62.8K.
🔥 Bullish invalidation: A strong reclaim above $64.4K could flip the short-term structure back toward the bulls.
#SenateDelaysCLARITYActVoteToSeptember #BTC $VELVET $BTR