$BTC

BTC
BTC
65,655
-2.58%

BTC/USDT | Market Update

Trend: Short-term Bearish | Mid-term Neutral

Market Type: High Volatility (News + Liquidation driven)

💰 Price: 66,665

📉 24h Change: -3.95%

📊 24h Volume: 25,504 BTC | $1.72B

📊 Technical Overview • Price trading below MA(25) → short-term weakness

• MA(7) ≈ current price → indecision zone

• MA(99) at 66,510 acting as last intraday support

• Strong rejection from 69,900–70,000 resistance

Momentum currently tilted bearish, but not a breakdown yet ⚠️

📌 Key Levels

🟢 Support Zones • 66,500 – 66,300 (MA99 + intraday base)

• 65,750 (daily low + liquidity pocket)

• 64,800 – 64,500 (major demand)

🔴 Resistance Zones • 66,900 – 67,300 (VWAP + MA25)

• 68,200 (previous support → resistance)

• 69,900 – 70,000 (major supply / rejection zone)

🎯 Trade Scenarios

🟡 Range Play (Most Likely) • Hold above 66,300

• Chop between 66k – 67.3k

• Scalping market ⚔️

🔴 Bearish Continuation • Lose 65,750 with volume

• Targets: 64,800 → 64,000

• Strong sell pressure below 65.7k

🟢 Bullish Recovery • Reclaim 67,300

• Strong close above 68,200

• Targets: 69,000 → 69,900

⚠️ Risk Notes • High liquidation zone below 66k

• Volatility spikes likely during NY session

• Over-leverage = danger right now

📌 Bias: Cautious Bearish

📌 Structure: Range → Breakdown risk

📌 Invalidation: Strong hold & bounce above 67,300

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