📊 BTCUSDT (LONG-TERM ) DAILY chart
BTC is consolidating after a strong recovery from the $58.6K demand zone. Buyers successfully defended support and pushed price into a higher-low structure, but momentum is slowing near the $66K resistance, where fresh selling pressure has appeared.
🔑 Key Levels
🟢 Support: $62,000 – $58,600
🔴 Resistance: $66,000
🎯 Major Liquidity Target: $81,160
Bullish Scenario: A daily close above $66K could trigger a continuation toward $70K–$72K, with the next major liquidity zone near $81K.
Bearish Scenario: Rejection below $66K and a loss of $62K could lead to a retest of the $58.6K support area.
💡 Trading Plan: Wait for a confirmed breakout above resistance or a strong bullish reaction from support. Avoid chasing price in the middle of the range.
This is technical analysis, not financial advice. Always use proper risk management. @BTC - @Bitcoin @Binance Square Official $BNB $BTC
BTC is consolidating after a strong recovery from the $58.6K demand zone. Buyers successfully defended support and pushed price into a higher-low structure, but momentum is slowing near the $66K resistance, where fresh selling pressure has appeared.
🔑 Key Levels
🟢 Support: $62,000 – $58,600
🔴 Resistance: $66,000
🎯 Major Liquidity Target: $81,160
Bullish Scenario: A daily close above $66K could trigger a continuation toward $70K–$72K, with the next major liquidity zone near $81K.
Bearish Scenario: Rejection below $66K and a loss of $62K could lead to a retest of the $58.6K support area.
💡 Trading Plan: Wait for a confirmed breakout above resistance or a strong bullish reaction from support. Avoid chasing price in the middle of the range.
This is technical analysis, not financial advice. Always use proper risk management. @BTC - @Bitcoin @Binance Square Official $BNB $BTC
