#BTC on the 2H timeframe is trading under a clear descending resistance trendline, showing continued bearish pressure.
Price recently rejected near the 68,500 – 69,000 supply zone and is now moving toward lower support.
The key demand area sits around 63,200 – 62,700, which could be the next reaction zone.
$BTC
Short Entry: 66,000 – 68,000 (on pullback)
Stop Loss: Above 71,000
Take Profit 1: 63,300
Take Profit 2: 61,000 – 60,800
#bitcoin #AnthropicUSGovClash
As long as BTC remains below the descending resistance, downside continuation remains likely before any strong bullish reversal. Trade with confirmation and proper risk management.
Price recently rejected near the 68,500 – 69,000 supply zone and is now moving toward lower support.
The key demand area sits around 63,200 – 62,700, which could be the next reaction zone.
$BTC
Short Entry: 66,000 – 68,000 (on pullback)
Stop Loss: Above 71,000
Take Profit 1: 63,300
Take Profit 2: 61,000 – 60,800
#bitcoin #AnthropicUSGovClash
As long as BTC remains below the descending resistance, downside continuation remains likely before any strong bullish reversal. Trade with confirmation and proper risk management.