mr daham
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mr daham
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🚨 BTC Technical Update
Bitcoin is currently trading around $62.2K after facing strong rejection from the $64.5K - $65K resistance zone.
📊Chart Pattern: Bearish Continuation
🔹 Lower highs and lower lows are forming, signaling that sellers remain in control.
🔹 Price has broken below short-term support and is struggling to reclaim it.
🔹 If BTC fails to hold the $62K support, the next downside targets could be around $61K - $60K**.
🔹 A recovery above $63.5K would be needed to reduce immediate bearish pressure.
🎯 Key Levels
✅ Support: $62,000 | $61,000 | $60,000
✅ Resistance: $63,500 | $64,500 | $65,000
⚠️ Market structure remains cautious. Watch for volume confirmation before entering new positions.
#Bitcoin #BTC #Crypto #BinanceSquare #Trading #TechnicalAnalysis #Bearish #CryptoMarket #PriceAction #BTCUpdate
$BTC
#MicronHitsRecordHigh
SPCXFalls17.44%InPreMarketTo$148.34
Bitcoin is currently trading around $62.2K after facing strong rejection from the $64.5K - $65K resistance zone.
📊Chart Pattern: Bearish Continuation
🔹 Lower highs and lower lows are forming, signaling that sellers remain in control.
🔹 Price has broken below short-term support and is struggling to reclaim it.
🔹 If BTC fails to hold the $62K support, the next downside targets could be around $61K - $60K**.
🔹 A recovery above $63.5K would be needed to reduce immediate bearish pressure.
🎯 Key Levels
✅ Support: $62,000 | $61,000 | $60,000
✅ Resistance: $63,500 | $64,500 | $65,000
⚠️ Market structure remains cautious. Watch for volume confirmation before entering new positions.
#Bitcoin #BTC #Crypto #BinanceSquare #Trading #TechnicalAnalysis #Bearish #CryptoMarket #PriceAction #BTCUpdate
$BTC
#MicronHitsRecordHigh
SPCXFalls17.44%InPreMarketTo$148.34
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