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#BTCUSDT UPDATE
Bitcoin is currently trading around $68,000.
As mentioned in our previous update, BTC has broken and closed below the key daily support zone, which is a bearish signal on the higher timeframe.
📉 Bearish Scenario:
If the downside pressure continues, we may see BTC revisiting the $60,000 support area for another test.
📈 Bullish Scenario:
If BTC manages to recover from this level and closes strongly above the resistance zone, we could see renewed bullish momentum and continuation to the upside.
⚠️ This is a critical area. Wait for confirmation before making aggressive entries.$BTC
Bitcoin is currently trading around $68,000.
As mentioned in our previous update, BTC has broken and closed below the key daily support zone, which is a bearish signal on the higher timeframe.
📉 Bearish Scenario:
If the downside pressure continues, we may see BTC revisiting the $60,000 support area for another test.
📈 Bullish Scenario:
If BTC manages to recover from this level and closes strongly above the resistance zone, we could see renewed bullish momentum and continuation to the upside.
⚠️ This is a critical area. Wait for confirmation before making aggressive entries.$BTC
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