$BTC Trade Signal 📉
Bitcoin faced a strong rejection around the $71,300 resistance level, where sellers quickly stepped in and pushed the price lower. Short-term momentum is now shifting bearish, opening the door for a potential short opportunity.
If selling pressure continues, BTC may decline toward the $69,000 – $68,500 support zone.
Traders should keep a close eye on the resistance area failure to reclaim $71K could keep the downside pressure intact.
Click below to take the trade.
BTC
70,413.39
+1.54%