$BTC is losing short-term momentum after yesterday’s sharp NY Open rejection.
Price remains trapped in a messy sideways structure, but the LTF has now flipped bearish. The rejection from the $64,800 area pushed BTC back toward $63,960, keeping sellers in control for now.
Key resistance:
$64,800
$66,100–$66,400
Downside levels:
$63,300
$62,700
$61,500
Major support sits around $59,400.
Until BTC reclaims $64,800 with strength, another short-term liquidity sweep lower remains possible. The market is still unclear, so patience matters more than forcing a position.
$BTC could be preparing for one more shakeout before the next decisive move.
Let’s go $BTC
Price remains trapped in a messy sideways structure, but the LTF has now flipped bearish. The rejection from the $64,800 area pushed BTC back toward $63,960, keeping sellers in control for now.
Key resistance:
$64,800
$66,100–$66,400
Downside levels:
$63,300
$62,700
$61,500
Major support sits around $59,400.
Until BTC reclaims $64,800 with strength, another short-term liquidity sweep lower remains possible. The market is still unclear, so patience matters more than forcing a position.
$BTC could be preparing for one more shakeout before the next decisive move.
Let’s go $BTC
