Is Bitcoin breaking the bottom or is this a sell trap? 👇
*$BTC BITCOIN - LIVE Binance*
*LIVE Price:* $66,623
*24h Change:* -4.76%
*High Today:* $70,214 | *Low Today:* $66,456
*High Yesterday:* $71,514 | *Low Yesterday:* $67,568
*RSI:*
- *Daily:* 23.1 - Oversold
- *1H:* 34.6 - Weak
- *4H:* 23.3 - Oversold
*Quantitative Strategic Point:* $69,132
*Daily Pivot:* $69,132
*Above Price - Resistances:*
$67,500 - $68,314 - $69,132 - $71,582
*Below Price - Supports:*
$66,456 - $65,097 - $63,200 - $61,649
*My Decision:*
Price is below all quantitative strategic points and below Pivot and below 200W at $67,992 = *Bearish* ❌
RSI is oversold, so *I'm not buying from here, waiting for confirmation*. Oversold can give a small bounce, but not a reversal. Need to reclaim $67,992 then $69,132 to flip my view.
*What do you see? Sell, Buy or Wait?*
Follow for hourly analysis 🔔
#BTC #Bitcoin #Crypto
$BTC
*$BTC BITCOIN - LIVE Binance*
*LIVE Price:* $66,623
*24h Change:* -4.76%
*High Today:* $70,214 | *Low Today:* $66,456
*High Yesterday:* $71,514 | *Low Yesterday:* $67,568
*RSI:*
- *Daily:* 23.1 - Oversold
- *1H:* 34.6 - Weak
- *4H:* 23.3 - Oversold
*Quantitative Strategic Point:* $69,132
*Daily Pivot:* $69,132
*Above Price - Resistances:*
$67,500 - $68,314 - $69,132 - $71,582
*Below Price - Supports:*
$66,456 - $65,097 - $63,200 - $61,649
*My Decision:*
Price is below all quantitative strategic points and below Pivot and below 200W at $67,992 = *Bearish* ❌
RSI is oversold, so *I'm not buying from here, waiting for confirmation*. Oversold can give a small bounce, but not a reversal. Need to reclaim $67,992 then $69,132 to flip my view.
*What do you see? Sell, Buy or Wait?*
Follow for hourly analysis 🔔
#BTC #Bitcoin #Crypto
$BTC
