📉 Bitcoin Daily 📈

$BTC bounced to 66574 and got rejected there - downtrend stays strong ✅

Next target zone around 62.7k achieved ✅

At this stage no signs for reversal on 4H chart. Doesn't mean it can't happen later, but till it does, no sense in flipping bias to bullish and risk with longs.

🎯 Key Levels

Above: 63900 / 65190 / 66700

Below: 62000 / 60206 / 58900

BTC
BTCUSDT
65,959.4
-1.99%

Short term watch PA around ~63.8-64k. After that either market decide to consolidate longer, which may lead to re-test of higher levels at ~65.2k / 66.7k or it will continue falling and eventually hunt for liquidity at 62000 / 60206. Since BTC is in downtrend, lower targets always have higher chance to be hit.

⏰ TG #Bitcoin alarms set for: D/W/M20sma, dev Y VWAP VAL/VAL2, 62000.