$BTC trend:
Bitcoin is in a short-term bearish to neutral phase, not a strong trend. Price is trading below the major downward-sloping MA, which shows the broader pressure is still intact. The bounce from the ~$60k area was strong, but since then BTC has moved into sideways consolidation under resistance, which usually signals pause after a drop, not immediate continuation up.
What this means for traders:
This is a decision zone, not a conviction zone. Buyers are defending, but sellers still control the higher levels. Without a clean reclaim above the key MA zone, upside moves remain range-bound relief rallies. Momentum is muted and volume is declining — classic conditions where impatience costs money.
🧭 Practical BTC Trading Guide
Bullish only if: BTC reclaims and holds above the MA cluster with volume
Bearish risk: Rejection from current range → revisit lower support
Best approach now:
• Reduce position size
• Trade reactions, not predictions
• Let BTC choose direction first
Choppy BTC phases punish overtrading and reward discipline.
