💹 $BTC Update
BTC
63,198.59
-4.52%
BTC is currently trading at $63,227, down around -4.42%, showing clear bearish pressure on the 1H timeframe.
📊 Analysis:
Strong rejection from $67,750 zone.
Continuous lower highs & lower lows forming.
Price trading below Supertrend (~64,798) → bearish structure active.
Recent low printed near $62,700.
🎯 Key Levels:
Support: $62,700 – $62,000
Resistance: $64,700 – $65,800
⚠️ If 62.7K breaks, further downside possible. Reclaim above 64.8K needed for short-term recovery.
🔥 Sellers in control — volatility increasing. Trade carefully.