$BTC 1H Analysis – Bounce or Bull Trap? 👀
Price: 66,949
24H High: 68,476
24H Low: 65,870
After a sharp drop to 65,870, BTC showed a strong intraday bounce. However, price is still trading below EMA25 & EMA99, which keeps the higher timeframe structure slightly bearish.
🔹 EMA7 curling up – short term recovery
🔹 RSI (60) – bullish momentum building
🔹 MACD turning positive – bullish crossover forming
📌 Key Levels:
Resistance: 67,400 – 68,000
Support: 66,300 – 65,870
🔥 Trade Idea:
If BTC breaks and holds above 67,400, we may see a push toward 68K+.
Failure to break could lead to another rejection toward 66.3K / 65.8K.
Market is in recovery mode, but confirmation is needed.
Trade safe & manage risk ⚡
BTCUSDT
Διην.
67,922.4
-0.31%