📊 BTC/USDT Daily Chart Analysis

📉 Current Situation

Current Price: 67,039 USDT

24h High: 68,318

24h Low: 65,899

Recent major drop: 93K → 60K

Price is currently moving sideways (consolidation phase)

📈 Moving Averages (MA)

MA(7) ≈ 67,936 → Price is near this level (short-term resistance)

MA(25) ≈ 72,827 → Strong resistance above

MA(99) ≈ 85,786 → Confirms long-term downtrend

👉 Since all major MAs are above the current price, the market is still in a bearish trend.

🔑 Key Levels

Support: 65,900 – 60,000

Strong Support: 60,000

Resistance: 68,000 – 73,000

Major Resistance: 80,000+

📌 Possible Scenarios

If price closes above 68K, it could test 72–73K.

If 65K breaks, a retest of 60K is likely.

No strong bullish confirmation yet — better to wait for breakout confirmation.

⚠️ Trading Insight

Short-term traders can consider range trading.

Long positions are safer after a confirmed breakout.

Below 60K, risk increases significantly