$BTC (BTC) is trading around $64,000–$65,000, facing strong selling pressure. The overall short-term trend remains bearish, but oversold conditions could trigger a temporary recovery.
Key Levels:
Current price: ~$64,000
Support: $62,100
Strong support: $60,100
Resistance: $67,300
Next resistance: $70,300
Future Outlook: If BTC breaks above $67,300, a recovery towards $70,300 is possible. However, a breakdown below $62,100 could increase selling pressure.
My View: Wait for confirmation before entering a trade. Watch support and resistance carefully.#CryptoSelloffTriggersMultipleWhaleLiquidations #USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months #WillFOMCMinutesReinforceRateHikeExpectations?
Key Levels:
Current price: ~$64,000
Support: $62,100
Strong support: $60,100
Resistance: $67,300
Next resistance: $70,300
Future Outlook: If BTC breaks above $67,300, a recovery towards $70,300 is possible. However, a breakdown below $62,100 could increase selling pressure.
My View: Wait for confirmation before entering a trade. Watch support and resistance carefully.#CryptoSelloffTriggersMultipleWhaleLiquidations #USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months #WillFOMCMinutesReinforceRateHikeExpectations?
