Bullish momentum but slowing: Price has made a strong rebound from ~63k and is holding above short MAs (5 & 10), which shows buyers are still in control. • Near resistance: The 68k–68.2k zone is acting as resistance. Recent candles show smaller bodies → possible consolidation. • Support levels: – First support: 66.8k–67k – Stronger support: 65.5k–66k (ne$BTC ar MA30) #btc #MarketOutlook #trend
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$BTC Support and Resistance Level
Bullish momentum but slowing: Price has made a strong rebound from ~63k and is holding above short MAs (5 & 10), which shows buyers are still in control.
• Near resistance: The 68k–68.2k zone is acting as resistance. Recent candles show smaller bodies → possible consolidation.
• Support levels:
– First support: 66.8k–67k
– Stronger support: 65.5k–66k (ne$BTC ar MA30)
#btc #MarketOutlook #trend