🟠 $BTC UPDATE | 12 AUG
BTC is under strong bearish pressure after breaking down from the $65K–$65.2K zone. 📉
🔴 Resistance: $64.2K–$64.4K
🔴 Major Resistance: $64.7K–$65.2K
🟢 Support: $63.2K–$63.4K
📉 Bias: BEARISH
If BTC fails to reclaim $64.4K, downside pressure can continue.
A break below $63.2K may open the way toward lower levels.
🚨 HIGH IMPACT: US CPI today at 6:00 PM IST
Expect sharp volatility during the release.
⚠️ Wait for confirmation and manage leverage carefully.
#BTC #Bitcoin #Crypto #Trading #CPI #BinanceSquare
BTC is under strong bearish pressure after breaking down from the $65K–$65.2K zone. 📉
🔴 Resistance: $64.2K–$64.4K
🔴 Major Resistance: $64.7K–$65.2K
🟢 Support: $63.2K–$63.4K
📉 Bias: BEARISH
If BTC fails to reclaim $64.4K, downside pressure can continue.
A break below $63.2K may open the way toward lower levels.
🚨 HIGH IMPACT: US CPI today at 6:00 PM IST
Expect sharp volatility during the release.
⚠️ Wait for confirmation and manage leverage carefully.
#BTC #Bitcoin #Crypto #Trading #CPI #BinanceSquare