BTCUSDT market update
BTC has shifted into short term bearish pressure after rejecting from the 76K region. Price has now broken below the EMA-200 (71,089) and is trading around 69.7K, indicating weakening momentum.
Key resistance
70,700 immediate resistance
71,100 EMA 200 key level
73,700 major resistance
Key support
69,700 current support
67,700 next support zone
64,800 major demand
As long as price remains below 70.7K–71.1K, bearish pressure is likely to continue.
If 69.7K fails to hold, downside toward 67.7K is likely.
A reclaim above 71.1K would be the first sign of recovery, but for a stronger bullish continuation, BTC needs to regain the 73K+ region.
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BTCUSDT
Διην.
70,573.6
-0.01%