$BTC
BTC
64,103.38
-0.97%
Bitcoin is currently showing mixed momentum as price reacts around key support and resistance zones on the lower timeframes.
The market structure suggests short-term volatility, with buyers attempting to defend recent demand areas.
If the price holds above immediate support, a relief bounce toward the next resistance level is possible.
However, a breakdown below support may trigger further downside and a continuation of the bearish move.
Traders should wait for confirmation before entering and manage risk properly in this uncertain market phase.