$BTC 📊 Bitcoin Movement Summary

Read the update carefully; understanding it will allow you to identify entry and exit points to avoid falling into traps.

Bitcoin is currently in a state of confusion with clear selling pressure. Here are the crucial points:

🔍 Technical Situation:

Indicators: RSI is neutral (44), MACD is negative, and the price is below the 50-day average.

Trend: Temporarily negative unless it breaks above $71,200.

🎯 Trading Levels:

Entry (Buy): Area 63,700

(Strong Support).

Targets (Sell): 72,800.

Although all indicators and data suggest a move to the 47,000 range before a surge to a new peak.

Stop Loss: Daily close below 62,300

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BTC
BTC
67,649.77
+1.41%