Bitcoin Testing Support?
$BTC is showing a short-term bearish bias, with several key support levels now in focus. Depending on how price reacts here, the outlook could shift from bullish continuation to deeper downside.
The latest swing low sits at $65,118 — holding above this keeps Bitcoin relatively safe.
The broader correction low is near $60,000, but that level came from a wick. The more important support is around $62,800 — the Feb 5 daily close.
As long as BTC holds daily and weekly closes above $62,800, the short-term volatility can be treated as noise.
However, a strong close below that level would shift the tone bearish and push us to reassess the higher-timeframe structure.
For now, these supports are still intact — but it’s wise to stay prepared.
On the bullish side, one final liquidity sweep could occur before continuation higher. Overall, the broader market bias still leans bullish.
#BTC #BullishMomentum
BTCUSDT Perp 📉📊