๐ฅ
๐ BTC/USDT: Short-term selling pressureโpause or drop? ๐๐
The market shows some weakness on lower timeframes. Bitcoin is currently trading near $66,103.73, recording a pullback of -0.73% versus its daily open ($66,588.00).
๐ Snapshot of the current move:
๐ฏ 24h range: $65,553.67 โ $66,636.83
โ ๏ธ Structure: As long as price stays below the resistance zone at $66,600, the immediate bias remains slightly bearish.
๐ก Volume read: We donโt see a massive dump or panicโrather, moderate selling pressure and local profit-taking.
๐ What to watch in the next few hours?
1. Loss of $65,500: Could open the door to seeking liquidity in lower zones.
2. Reclaiming $66,600: Would invalidate the short-term weakness and reignite bullish momentum. $BTC #trading #analisis #CryptoNewss #Binancesquare
๐ BTC/USDT: Short-term selling pressureโpause or drop? ๐๐
The market shows some weakness on lower timeframes. Bitcoin is currently trading near $66,103.73, recording a pullback of -0.73% versus its daily open ($66,588.00).
๐ Snapshot of the current move:
๐ฏ 24h range: $65,553.67 โ $66,636.83
โ ๏ธ Structure: As long as price stays below the resistance zone at $66,600, the immediate bias remains slightly bearish.
๐ก Volume read: We donโt see a massive dump or panicโrather, moderate selling pressure and local profit-taking.
๐ What to watch in the next few hours?
1. Loss of $65,500: Could open the door to seeking liquidity in lower zones.
2. Reclaiming $66,600: Would invalidate the short-term weakness and reignite bullish momentum. $BTC #trading #analisis #CryptoNewss #Binancesquare