#BTCMarketAnalysis
BTC has been bouncing around $65K–$70K levels, reflecting a range-bound market with weak directional conviction. �
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📉 Technical Indicators
🔸 Short-term indicators suggest oversold conditions, which could spark relief rallies.
🔹 RSI around neutral levels with high volatility means traders remain cautious.
🔸 MACD still tilted bearish — sellers retain an edge in momentum. �
Investing.com India
🛠 Key Levels to Watch
📍 Support: Around $65K–$60K — crucial zones for downside defense. �
📍 Resistance: ~$70K–$72K — if broken with volume, bullish momentum may return. �
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Coinbase
📈 Short-Term Outlook
Bullish if BTC can hold support and break above $70K, potentially triggering short squeezes.
Bearish if volume dries up — failure below $60K could open deeper corrections.
📌 Sentiment Snapshot
Market is not decisively bullish or bearish — it’s stuck in consolidation + volatility mode with traders waiting for macro catalysts.
