📉 Bitcoin Daily Update — Trend Still Bearish
$BTC bounced into 66,574 and faced rejection — structure remains aligned with the broader downtrend. The 62.7K target zone has already been tapped ✅
Current: 63,352 (-3.37%)
On the 4H chart, there are no confirmed reversal signals yet. That doesn’t mean a bounce can’t happen — it means it hasn’t proven itself. Until structure shifts, flipping bullish adds unnecessary risk.
🎯 Key Levels to Watch
🔼 Resistance
63,900
65,190
66,700
🔽 Support
62,000
60,206
58,900
🧠 Short-Term Outlook (63.8K–64K Area)
Watch price action around 63.8K–64K carefully:
Scenario 1 – Consolidation:
If BTC compresses here, we could see a relief push toward 65.2K / 66.7K for a retest of higher supply.
Scenario 2 – Continuation:
If sellers maintain pressure, liquidity hunts below 62K → 60.2K become increasingly likely.
Given the active downtrend, lower targets statistically carry higher probability until proven otherwise.$BTC
