$BTC Price: Around $63,000. Bitcoin is currently under short-term pressure, down roughly 3% over the past week.
📉 Short-term trend: Bearish/sideways.
🔴 Support: $62,000–$62,500
🟢 Resistance: $64,500–$65,300
🚀 Bullish scenario: A strong break above $65,300 could open the way toward $67,000+.
⚠️ Bearish scenario: Losing $62,000 could bring $60,000 or lower into focus.
The recent weakness is linked to ETF outflows, cautious institutional demand and uncertainty around U.S. crypto regulation.
Overall: BTC is at an important support zone. For now, buyers need to defend $62K and reclaim $64.5K–$65.3K before the short-term outlook becomes more bullish.
#BNBChainToActivatePasteurHardFork #SanDiskRises7%OnRevenueGrowthOutlook #USJulyRetailSalesFall0.6% #CboeSeeks3xBitcoinAndEtherETFs
📉 Short-term trend: Bearish/sideways.
🔴 Support: $62,000–$62,500
🟢 Resistance: $64,500–$65,300
🚀 Bullish scenario: A strong break above $65,300 could open the way toward $67,000+.
⚠️ Bearish scenario: Losing $62,000 could bring $60,000 or lower into focus.
The recent weakness is linked to ETF outflows, cautious institutional demand and uncertainty around U.S. crypto regulation.
Overall: BTC is at an important support zone. For now, buyers need to defend $62K and reclaim $64.5K–$65.3K before the short-term outlook becomes more bullish.
#BNBChainToActivatePasteurHardFork #SanDiskRises7%OnRevenueGrowthOutlook #USJulyRetailSalesFall0.6% #CboeSeeks3xBitcoinAndEtherETFs