Bitcoin is currently trading around $65,532, showing a recovery after a sharp drop toward the $62,006 low. On the 15-minute chart, buyers have stepped in and pushed the price higher, but $BTC is now consolidating near $65,500. The immediate resistance is around $66,000–$66,585, while support is near $64,157, followed by the major low at $62,006. If buyers maintain momentum and $BTC breaks above resistance with strong volume, we could see a move toward $67,000 and higher. However, losing support could bring another bearish move.
My strategy: Watch for a confirmed breakout before entering a trade. Don't chase the price during uncertain market conditions. Manage your risk carefully and wait for confirmation.
#BTC #Bitcoin #CryptoMarket #TechnicalAnalysis #BinanceSquare
My strategy: Watch for a confirmed breakout before entering a trade. Don't chase the price during uncertain market conditions. Manage your risk carefully and wait for confirmation.
#BTC #Bitcoin #CryptoMarket #TechnicalAnalysis #BinanceSquare
