🚨 $BTC /USDT BEARISH PRESSURE BUILDING — BREAKDOWN TOWARD LOWER SUPPORTS INCOMING!
$BTC is trading below recent intraday highs and struggling to reclaim key resistance around 62.8K. The rejection from the upper range combined with negative daily performance suggests sellers remain in control. As long as price stays below major resistance, downside pressure is likely to continue toward lower support zones.
📉 Trade Setup
Entry Zone: 61,300 – 61,600
Take Profit Targets:
🎯 TP1: 60,800
🎯 TP2: 60,200
🎯 TP3: 59,500
Stop Loss: 62,950
📊 Short Market Outlook
Momentum remains bearish after the rejection near 62.9K. Price is hovering around the MA60 area, but buying strength appears weak. A break below 61K could accelerate selling pressure toward the 60K psychological support region. Bulls must reclaim 62.9K to invalidate the bearish outlook and regain short-term control.
#BTC #BTCUSDT #Bitcoin #CryptoTrading #TechnicalAnalysis