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Bitcoin remains under pressure due to risk-off sentiment, ETF outflows, and uncertainty around future interest-rate cuts. However, long-term market structure is still intact as long as major support levels hold.
Key Price Levels
Support 1: $58,000 – $59,000
Support 2: $55,000
Resistance 1: $62,500
Resistance 2: $65,000 – $66,000
Major Resistance: $70,000+
$BTC
Bitcoin remains under pressure due to risk-off sentiment, ETF outflows, and uncertainty around future interest-rate cuts. However, long-term market structure is still intact as long as major support levels hold.
Key Price Levels
Support 1: $58,000 – $59,000
Support 2: $55,000
Resistance 1: $62,500
Resistance 2: $65,000 – $66,000
Major Resistance: $70,000+
$BTC
