📊 $BTC
Current price: ~66,300
24h change: -2.7%
After rejection from the 69k zone, BTC has shifted into a short-term downtrend.
🔍 What we see (1H):
- Price is below EMA(7/25/99) → bearish control
- RSI (6, 1H): ~19 → deeply oversold
- Selling volume increased → sellers are active
🎯 Probable Scenarios:
🟢 Bounce (relief rally): ~60%
- Target zone: 66.8k – 67.5k
- Reason: RSI oversold on 1H
- Likely a short-term move, not a full reversal
🔴 Continuation down: ~40%
- Break below 66k
- Next target: 65k support
- Losing 65k → deeper downside possible
⚠️ Key Notes:
- Trend is bearish on 1H
- Blind longs are risky
- Better to wait for:
- EMA reclaim
- or clear support reaction
💭 Conclusion:
Market is oversold short-term → bounce likely, but sellers still dominate.