#WhenWillCLARITYActPass #StrategyBTCPurchase #BTC100kNext? #HarvardAddsETHExposure #USJobsData $BTC
Bitcoin is currently trading around $66,831, up +1.39% on the session, but the bigger picture tells a more cautious story. Price is well below the key moving averages: MA(7) at $67.8K, MA(25) at $72.7K, and MA(99) sitting way up at $85.7K. That’s a pretty clear sign of downward pressure in the mid-to-long term.
Volume is also slowing down, with both MA(5) and MA(10) trending lower—suggesting a lack of strong momentum. On the chart, we’re seeing price hovering near recent lows, with resistance above and support around the $58K zone.
Momentum is weak, structure is heavy. If BTC can’t reclaim the $68K level soon, we might see another leg down. Patience is key here—wait for confirmation before going long or short.
