Bitcoin $BTC ($BTC) dropped around 2% overnight and is currently struggling to hold the $62,400 level.

🔍 Technical Analysis:

The setup played out as expected, with $BTC facing rejection from key overhead resistance.

📉 Price Action:

The market structure confirms a short-term correction, with momentum now shifting to the downside.

🎯 Target Zone:

Expecting potential price movement toward the major support area between $61,000 – $60,000.

💡 Trading Insight:

Short-term scalp opportunities may appear during pullbacks, with profit-taking considered as price approaches the $60K support zone.

#bitcoin $BTC #Bitcoincrashcandle #BitcoinSelling

BTC

77,061.37

-1.03%