$BTC USDT Update
Bitcoin is trading at 62,288.8 with a daily decline of 4.39%. The market remains under strong bearish pressure as price stays below the Supertrend level at 62,857.4 on the 15-minute timeframe.
24H High: 65,597.2
24H Low: 61,870.0
Current Price: 62,288.8
Trend: Bearish
Sellers continue to control the market, and every small recovery is being met with resistance. As long as price remains below the Supertrend zone, caution is warranted. A break above resistance could trigger short-term relief, while losing support may open the door for another downward move.
Market sentiment remains weak, with traders closely watching key support around 61,870 and resistance near 62,857.4.
Bitcoin is trading at 62,288.8 with a daily decline of 4.39%. The market remains under strong bearish pressure as price stays below the Supertrend level at 62,857.4 on the 15-minute timeframe.
24H High: 65,597.2
24H Low: 61,870.0
Current Price: 62,288.8
Trend: Bearish
Sellers continue to control the market, and every small recovery is being met with resistance. As long as price remains below the Supertrend zone, caution is warranted. A break above resistance could trigger short-term relief, while losing support may open the door for another downward move.
Market sentiment remains weak, with traders closely watching key support around 61,870 and resistance near 62,857.4.