BTC
BTC
85,931.82
-2.10%

$BTC #Bitcoin is currently moving within a strong consolidation phase, with price action holding inside a clear trading range. Both buying and selling pressure appear balanced at the moment. Based on the latest market structure:

🔸 Support Zone: 63,500 – 64,200

🔸 Resistance Zone: 67,000 – 68,200

🔸 Market Sentiment: Neutral → Slightly Bullish

Recent price movements indicate that Bitcoin may be preparing for a major breakout. A confirmed close above 68k could strengthen a new upward trend. However, a breakdown below the 63k support zone may trigger short-term downside pressure.

On-chain indicators show long-term holders maintaining strong positions, with a steady rise in accumulation addresses — reflecting sustained market confidence.

⚠️ Note: Crypto markets are highly volatile. Always conduct your own research before making any trading decisions.

#Bitcoin #CryptoAnalysis #BinanceSecure #WriteToEarn