$BTC is currently trading around 66.6k on the 4H timeframe, and structurally we are still in a short-term downtrend. Price is below MA7, MA25, and MA99, which clearly shows bearish pressure. We recently faced rejection near the 70.9k zone, which is acting as strong resistance.
Right now, I’m watching the 65.8k–65k support area very closely. If $BTC holds this zone and gives a strong bullish 4H confirmation candle, I’ll consider entering around 66–67k with targets near 69.5k and potentially 72k. However, if support breaks, we could see 63k–62k next.
Another safer setup for me would be a clean breakout and 4H close above 68.3k (MA25 reclaim) with strong volume. That would signal momentum shift toward 72k+.
For now, I’m avoiding FOMO entries and not overleveraging while price trades below major moving averages. Patience > emotions. Let the market confirm, then execute.
BTC
63,688
+1.65%