#baby $BTC Binance Square
🚀 Bitcoin (BTC/USDT) Short-Term Market Update! 📊
Bitcoin is currently trading around $63,142 after testing a local high near $63,634. Here is what the technical chart is showing right now:
🔹 Current Price: ~$63,142
🔹 Immediate Resistance: $63,338 - $63,634 (Supertrend & 24h High)
🔹 Key Support: $62,950 - $62,458 (MA 99 & 24h Low)
📈 Technical View:
On the 15M timeframe, BTC recently saw a pullback from $63,600 and is attempting to hold above key moving averages (MA 99 around $63,079). If bulls manage to push above $63,350 with strong volume, we might see another attempt toward the $63,800+ region. However, falling below $62,950 could lead to a quick retest of the lower support zone near $62,450.
👇 What's your strategy today? Are you Bullish 🐂 or Bearish 🐻 on BTC?
#BTC #Bitcoin #CryptoAnalysis #BinanceSquare #Trading$BTC #BTC #Bitcoin #Crypto #TechnicalAnalysis #BinanceSquare #CryptoMarket
🚀 Bitcoin (BTC/USDT) Short-Term Market Update! 📊
Bitcoin is currently trading around $63,142 after testing a local high near $63,634. Here is what the technical chart is showing right now:
🔹 Current Price: ~$63,142
🔹 Immediate Resistance: $63,338 - $63,634 (Supertrend & 24h High)
🔹 Key Support: $62,950 - $62,458 (MA 99 & 24h Low)
📈 Technical View:
On the 15M timeframe, BTC recently saw a pullback from $63,600 and is attempting to hold above key moving averages (MA 99 around $63,079). If bulls manage to push above $63,350 with strong volume, we might see another attempt toward the $63,800+ region. However, falling below $62,950 could lead to a quick retest of the lower support zone near $62,450.
👇 What's your strategy today? Are you Bullish 🐂 or Bearish 🐻 on BTC?
#BTC #Bitcoin #CryptoAnalysis #BinanceSquare #Trading$BTC #BTC #Bitcoin #Crypto #TechnicalAnalysis #BinanceSquare #CryptoMarket