Based on the recent selloff, Bitcoin is trading around the mid-$60,000s and remains under pressure after losing key support zones.
BTC Key Support Levels
1. $65,000–$64,000
* Immediate support zone.
* BTC is currently fighting to hold this area after the recent breakdown.
2. $62,500–$63,000
* Major support where buyers have recently stepped in.
* A break below this level could trigger another wave of liquidations.
3. $60,000
* Strong psychological support.
* Losing this level would significantly strengthen the bearish outlook.
BTC Key Resistance Levels
1. $67,000–$68,000
* First resistance zone.
* Bulls need to reclaim this area to signal short-term recovery.
2. $70,000–$72,000
* Major resistance and previous support.
* This zone is likely to attract heavy selling pressure.
3. $75,000
* Critical trend-reversal level.
* A daily close above this region would improve the medium-term outlook substantially.
Technical Outlook
* Bearish scenario: A daily close below $63,000 could open the door toward $60,000 and potentially lower.
* Neutral scenario: Consolidation between $63,000 and $68,000 while the market absorbs recent selling.
* Bullish scenario: Reclaiming $68,000 and then breaking $72,000 could trigger a relief rally toward $75,000+.
Trading Map for Today
* Support: $65K → $63K → $60K
* Resistance: $68K → $72K → $75K
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