BTC/USDT — Short-term perspective 📊
BTC is hovering around 64K, still below the Bollinger Middle Band ~68.9K → the weekly structure has not yet confirmed a bullish reversal.
RSI ~41 indicates momentum is still weak, but the MACD histogram has turned positive → selling pressure is easing.
🎯 Key levels:
• 68.9–70K: breakout → more bullish
• 62–63K: important support
• Losing 62K → price may move to 60K / 55K
Right now, I lean toward a sideways accumulation range of 62–70K, waiting for a breakout to confirm the next direction.
$BTC #Crypto #Write2Earn
BTC is hovering around 64K, still below the Bollinger Middle Band ~68.9K → the weekly structure has not yet confirmed a bullish reversal.
RSI ~41 indicates momentum is still weak, but the MACD histogram has turned positive → selling pressure is easing.
🎯 Key levels:
• 68.9–70K: breakout → more bullish
• 62–63K: important support
• Losing 62K → price may move to 60K / 55K
Right now, I lean toward a sideways accumulation range of 62–70K, waiting for a breakout to confirm the next direction.
$BTC #Crypto #Write2Earn