Bitcoin $BTC ($BTC) dropped around 2% overnight and is currently struggling to hold the $62,400 level.
🔍 Technical Analysis:
The setup played out as expected, with $BTC facing rejection from key overhead resistance.
📉 Price Action:
The market structure confirms a short-term correction, with momentum now shifting to the downside.
🎯 Target Zone:
Expecting potential price movement toward the major support area between $61,000 – $60,000.
💡 Trading Insight:
Short-term scalp opportunities may appear during pullbacks, with profit-taking considered as price approaches the $60K support zone.
#bitcoin $BTC #Bitcoincrashcandle #BitcoinSelling

BTC
79,324.01
+2.58%