$BITCOIN
đ BITCOIN (BTC/USDT) â Market Analysis
SHORT-TERM BEARISH
Market Overview: Bitcoin is facing strong selling pressure. RSI is near oversold territory, so a temporary bounce is possible, but a confirmed trend reversal is not visible yet.
* Current price: ~$65,000
* Support 1: $62,165
* Support 2: $60,179
* Resistance 1: $67,291
* Resistance 2: $70,432
Market Outlook:
* đ» Below $62,165: Further downside risk.
* đ Above $67,291: Recovery potential.
* Wait for breakout confirmation before entering a trade.
#BTC #BinanceSquare #BitcoinTrading #CryptoMarket #TechnicalAnalysis
đ BITCOIN (BTC/USDT) â Market Analysis
SHORT-TERM BEARISH
Market Overview: Bitcoin is facing strong selling pressure. RSI is near oversold territory, so a temporary bounce is possible, but a confirmed trend reversal is not visible yet.
* Current price: ~$65,000
* Support 1: $62,165
* Support 2: $60,179
* Resistance 1: $67,291
* Resistance 2: $70,432
Market Outlook:
* đ» Below $62,165: Further downside risk.
* đ Above $67,291: Recovery potential.
* Wait for breakout confirmation before entering a trade.
#BTC #BinanceSquare #BitcoinTrading #CryptoMarket #TechnicalAnalysis
