$BTC briefly dipped below $60K, triggering fear across the market. 📉
However, the bigger picture remains unchanged for now.
Bulls managed to defend the $61K support zone, while bears still hold short-term momentum after the breakdown of the rising trendline.
🔍 Key level to watch: A strong reclaim above $65.2K could invalidate the bearish setup and turn this move into a classic fakeout.
The next few daily candle closes will likely determine Bitcoin’s next major direction. Stay patient and manage your risk.
#BTC #Binance #Crypto $BTC #Bitcoin
However, the bigger picture remains unchanged for now.
Bulls managed to defend the $61K support zone, while bears still hold short-term momentum after the breakdown of the rising trendline.
🔍 Key level to watch: A strong reclaim above $65.2K could invalidate the bearish setup and turn this move into a classic fakeout.
The next few daily candle closes will likely determine Bitcoin’s next major direction. Stay patient and manage your risk.
#BTC #Binance #Crypto $BTC #Bitcoin