BTCUSDT remains under bearish pressure after failing to maintain momentum above the 66,000–67,000 area. The chart shows a clear downtrend, with the price trading below the MA5, MA10, and MA30 moving averages. This alignment suggests that sellers are still controlling the market. Recent support around 62,228 managed to hold, triggering a short-term rebound toward 63,141, but the recovery remains limited. MACD is still in negative territory, indicating bearish momentum has not fully disappeared. For bulls, reclaiming the 64,000–64,800 resistance zone is crucial to signal a stronger recovery. If BTC fails to break higher, another test of 62,200 support is possible. A break below that level could open the door toward the 61,700 area. Overall, the short-term outlook remains cautiously bearish despite the current bounce.


#MyGateTradeStory #WarshDebutsAsFedHoldsRatesSteady #PredictWorldCup🇺🇸vs🇵🇾
$BTC
BTC-2.88%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned