🚨 BITCOIN (BTC) UPDATE – BEARS ARE IN CONTROL? 📉
Bitcoin is showing strong selling pressure on the 15-minute timeframe.
🔴 Technical Overview:
Price: $67,910
24H Change: -3.85%
RSI (6): 19 – Oversold territory
EMA 7: $68,114
EMA 25: $68,325
EMA 99: $69,162
📊 Important Levels to Watch:
🟢 Support:
$67,723
$67,449
🔴 Resistance:
$68,065
$68,325
$69,162
My Market View:
BTC is currently under bearish pressure, with price trading below all major EMAs.
However, RSI is deeply oversold, so a short-term relief bounce or pullback is possible.
A breakdown below support could bring further downside, while reclaiming $68,325 may give buyers some strength.
⚠️ Don't chase the move. Wait for confirmation and manage your risk.
What do you think? Will BTC bounce back or continue falling?
$ETH
$BTC
#BTC☀️ #CryptoMarket #BinanceSquare #BTCUSDT #CryptoTrading
Bitcoin is showing strong selling pressure on the 15-minute timeframe.
🔴 Technical Overview:
Price: $67,910
24H Change: -3.85%
RSI (6): 19 – Oversold territory
EMA 7: $68,114
EMA 25: $68,325
EMA 99: $69,162
📊 Important Levels to Watch:
🟢 Support:
$67,723
$67,449
🔴 Resistance:
$68,065
$68,325
$69,162
My Market View:
BTC is currently under bearish pressure, with price trading below all major EMAs.
However, RSI is deeply oversold, so a short-term relief bounce or pullback is possible.
A breakdown below support could bring further downside, while reclaiming $68,325 may give buyers some strength.
⚠️ Don't chase the move. Wait for confirmation and manage your risk.
What do you think? Will BTC bounce back or continue falling?
$ETH
$BTC
#BTC☀️ #CryptoMarket #BinanceSquare #BTCUSDT #CryptoTrading
