Bitcoin is currently trading near a major resistance zone around 64K-65K after a sharp bearish breakdown.
๐น Resistance Zone: $64,000 - $65,000 ๐น Support Zone: $59,000 - $60,000 ๐น Major Demand Area: $49,000 - $50,000
โ ๏ธ Price is retesting the previous support turned resistance. If BTC gets rejected from this zone, we could see another move toward 60K and potentially 50K.
โ A daily close above 65K would invalidate the bearish scenario and open the door for further upside.
Current Bias: Bearish until resistance is reclaimed. #BTC $BTC
#StrategyBTCPurchase ๐จ #Bitcoin Analysis ๐จ BTC has broken out of the falling channel and is now retesting the breakout zone near $109,000. If the support holds, next target: $112Kโ116K ๐งจ Bullish momentum gaining strength! ๐$BTC
NEIRO has broken out from a long-term descending trendline, confirming bullish strength. ๐น Current Price: 0.00048405 USDT (+4.59%) ๐น Retested breakout zone successfully ๐น Strong demand zone held around 0.00043000 โ 0.00044000
Whatโs Next? ๐ As long as price holds above the breakout zone, NEIRO can target: