$BITCOIN #YenPasses160PerDollarToOneMonthLow #USShortTermTreasuryYieldsJump is showing signs of weakness after the recent decline, and the next few daily candles could be crucial. If BTC fails to reclaim the key resistance area and continues trading below it, another move toward the $74K–$71K support zone could develop.
The bigger level to watch is $69K. A decisive break below this area would strengthen the bearish structure and could open the door toward $62K, with even lower levels possible if selling pressure accelerates.
On the other hand, if Bitcoin holds above $69K and manages to reclaim $83K with strong momentum, the bearish scenario would lose its strength. In that case, I’d start watching pullbacks for potential long opportunities rather than chasing the move.
The bigger level to watch is $69K. A decisive break below this area would strengthen the bearish structure and could open the door toward $62K, with even lower levels possible if selling pressure accelerates.
On the other hand, if Bitcoin holds above $69K and manages to reclaim $83K with strong momentum, the bearish scenario would lose its strength. In that case, I’d start watching pullbacks for potential long opportunities rather than chasing the move.
