$BTC BTC Outlook:
Price is consolidating after a strong recovery from the 62K demand zone.
Market is currently reacting at a key resistance area, showing hesitation and lower highs → sign of possible continuation or deeper pullback before next move.
Market Structure
Strong V-shaped recovery from ~59.9K
Price now ranging between 68K support and 71.5K supply
Lower high formed near resistance → compression
Bias
Neutral → Slightly Bearish (short-term)
Bullish only if resistance is reclaimed with strong volume.
Support Zones
Major Support: 67,800 – 68,200
Strong Demand: 62,000 – 63,000
Resistance Zones
Immediate Resistance: 71,200 – 72,000
Major Resistance: 72,350
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BTCUSDT
Perp
67,146
-1.32%