#signdigitalsovereigninfra $SIGN

📊 BTC/USDT Market Update

Bitcoin is currently trading around $66,300 on the 1H timeframe, continuing its strong bearish trend after a major breakdown from the $70K zone.

🔎 Technical Overview • BTC formed a clear downtrend with consistent lower highs & lower lows.

• Price is trading below MA(25) and MA(99) → strong bearish control.

• A recent bounce from $65,500 shows a weak recovery, not yet a reversal.

📉 Key Levels Support: $65,500 – $65,000

Resistance: $66,600 – $67,500

💡 Possible Scenario If BTC fails to break above $66.6K, the market may continue dropping toward $65K or lower.

A confirmed breakout above $67.5K is needed to signal possible trend reversal.

⚠️ This is still a sell-dominant market — avoid early buying.

— Ssan0011

#BTC #Bitcoin #BinanceSquare #CryptoTrading

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📌 Trader Insight This type of price action is called a “dead cat bounce” — small upward moves inside a downtrend.

👉 Smart traders: • Wait for clear reversal confirmation

• Or trade quick scalps only

Patience = Profit 💰