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🚨 $BTC Market Update 🚨
BTC is at very important Zone right now ‼️‼️
BTC is currently trading inside a strong resistance area between $62.5K and $63.7K, so I wouldn’t be surprised to see some short-term downside movement first.
There are still many late longs in the market, and BTC may pull back to collect liquidity before attempting the next bigger move.
Possible downside targets:
TP1: $62.2K
TP2: $61.9K
TP3: $61.6K
This does not necessarily mean a major dump. It can simply be a healthy correction after the recent recovery.
The overall structure is improving, and as long as BTC holds above the $61.6K–$61.9K support zone, the midterm bullish setup remains valid.
After a healthy pullback and confirmation, the upside targets are 65k 67k ..
Let it pull back, watch how it reacts around $62.2K–$61.9K, and then look for a bullish reclaim or strong rejection before considering the next long setup.
#gStocksTokenizedStocksLive