📊 $BTC Market Analysis | June 28
Bitcoin remains short term bearish despite signs of buyer absorption around the $58K–60K region. Bulls have defended support, but price is still trading below key resistance, meaning the market has not confirmed a trend reversal yet.
Key Levels
🟢 Support: $58K–60K
🔴 Resistance: $60.8K–61K, then $61.7K–62.2K
A daily close above $61K would strengthen the bullish case. Until then, rallies may continue to face selling pressure, so patience and disciplined risk management remain essential.
Bias: 🐻 Bearish (short-term) | 🟡 Neutral (medium-term) until resistance is reclaimed.
#BTC #Bitcoin #Crypto #TechnicalAnalysis #BinanceSquare
Bitcoin remains short term bearish despite signs of buyer absorption around the $58K–60K region. Bulls have defended support, but price is still trading below key resistance, meaning the market has not confirmed a trend reversal yet.
Key Levels
🟢 Support: $58K–60K
🔴 Resistance: $60.8K–61K, then $61.7K–62.2K
A daily close above $61K would strengthen the bullish case. Until then, rallies may continue to face selling pressure, so patience and disciplined risk management remain essential.
Bias: 🐻 Bearish (short-term) | 🟡 Neutral (medium-term) until resistance is reclaimed.
#BTC #Bitcoin #Crypto #TechnicalAnalysis #BinanceSquare