$BTC /USDT – 1H Chart Analysis



Current Price: $60,666.2 (+0.39%)

Key Levels

· Resistance: $60,951 / $61,064 / $61,812 / $62,905
· Support: $59,129 / $58,373

Moving Averages (Bearish)

· EMA5: $60,951
· EMA10: $61,064
· EMA30: $61,812
Price is trading below all three EMAs. Bearish structure confirmed.

RSI (Weak)

· RSI(6): 39.2
· RSI(12): 41.7
· RSI(24): 41.3
All below 45, showing weak momentum. RSI(6) is nearing oversold but not there yet.

Volume: 43.10K BTC ($2.65B) – healthy.

Outlook
BTC is in a strong downtrend, breaking below $61k and testing $59,129 low. Price is far below all EMAs. First resistance is at EMA5 ($60,951). RSI suggests weakness, with room for further downside. Support sits at $59,129. A break below could push toward $58,373. Trend remains bearish until price reclaims EMAs.

Bias: Bearish below EMAs.
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