$BTC Bitcoin has recently experienced volatility, dipping below $64K in early Feb then rebounding above $70K on relief rallies as risk assets stabilized. �
Reuters
However, some analysts warn that capitulation and further downside remain possible if key supports fail. �
Business Insider
📊 Technical Levels (Short-Term)
Key Support
$64,000 — Immediate support zone
$61,800–$60,000 — Next lower support if breakdown accelerates �
Finsckool
Key Resistance
$66,000–$68,500 — Overhead supply zone
$72,000 — Major resistance & previous swing high �
Finsckool
🧠 Short-Term Trade Setup (Day/Week)
Bullish Scenario (Long):
Entry: Around current price zone (~$67K–$68K)
Stop-Loss (SL): $61,800 (below key support)
Take-Profit (TP):
TP1: $72,000
TP2: $75,000+ (if breakout above resistance with strong volume)
👉 This setup assumes buyers defend support and BTC climbs out of the current range. �
Finsckool
Bearish Scenario (Short/Protective):
Entry: On rejection below $64,000
Stop-Loss (SL): $67,000 (above recent resistance zone)
Take-Profit (TP):
TP1: $60,000
TP2: $58,000–$56,000 (if downside momentum accelerates)
