$BTC

BTC

67,162.23

-0.01%

$BTC /USDT (1D) Short Analysis:

Bitcoin is currently trading around $68,625 after a strong correction from the recent high near $97,900. Price recently bounced from the $59,800 support level, showing some short-term recovery.

However, the overall daily trend remains bearish, as price is still below the 25 MA and 99 MA, indicating continued selling pressure. Volume spiked during the drop, suggesting strong liquidation before stabilization.

Key Levels:

Support: $59,800 – $60,000

Resistance: $72,000 – $76,000

A break above resistance could signal a stronger recovery, while losing $60K may resume the downtrend.

BTCFellBelow$69,000Again#OpenClawFounderJoinsOpenAI #VVVSurged55.1%in24Hours #PEPEBrokeThroughDowntrendLine #MarketRebound #shahwaiscrypto