‼️$BTC Market Update : Trend Still Looks Bearish to Me 🔻
Everyone is watching for a breakout, but from the weekly timeframe, I still see Bitcoin trading under a major resistance zone.
🚨 Key Resistance: $67,800 – $68,200
This trendline area remains the biggest obstacle for BTC. Even if price pushes higher, another rejection from this zone is still very possible.
🟢 Major Support Zone: $53,000 – $55,000
One thing worth thinking about:
If Bitcoin was truly ready for a strong bullish continuation, would it have been rejected so aggressively from the $82,800 region?
Despite positive developments such as easing tensions between Iran and the U.S. and lower oil prices, BTC is still stuck between $63,000 and $66,000.
To me, that suggests large buyers are not showing aggressive interest yet.
News can trigger short-term pumps and dumps, but it doesn't automatically change the overall market trend. Right now, the broader crypto market still appears cautious and bearish.
My approach remains simple:
✅ Trade with the trend
✅ Wait for high-probability setups
❌ Don't let emotions or greed control decisions
Trade $BTC Smartly 👇🏻
This is my personal market view based on my own analysis and research.
Always do your own research. Not financial advice.
Everyone is watching for a breakout, but from the weekly timeframe, I still see Bitcoin trading under a major resistance zone.
🚨 Key Resistance: $67,800 – $68,200
This trendline area remains the biggest obstacle for BTC. Even if price pushes higher, another rejection from this zone is still very possible.
🟢 Major Support Zone: $53,000 – $55,000
One thing worth thinking about:
If Bitcoin was truly ready for a strong bullish continuation, would it have been rejected so aggressively from the $82,800 region?
Despite positive developments such as easing tensions between Iran and the U.S. and lower oil prices, BTC is still stuck between $63,000 and $66,000.
To me, that suggests large buyers are not showing aggressive interest yet.
News can trigger short-term pumps and dumps, but it doesn't automatically change the overall market trend. Right now, the broader crypto market still appears cautious and bearish.
My approach remains simple:
✅ Trade with the trend
✅ Wait for high-probability setups
❌ Don't let emotions or greed control decisions
Trade $BTC Smartly 👇🏻
This is my personal market view based on my own analysis and research.
Always do your own research. Not financial advice.