$BTC Trading Analysis

Market Structure:

$BTC remains in a short-term downtrend, but selling pressure is fading after the recent drop. Price is stabilizing near key support, signaling a potential base and shift in momentum.

Price Action Behavior:

Strong reaction from the 65,500 zone with early higher lows forming. Price is attempting to reclaim nearby resistance, suggesting accumulation and a possible breakout setup.

Trade Setup (Long):

Entry Zone: 65,800 – 66,300

Targets:

• 67,100

• 68,000

• 69,200

Stop Loss:

65,300

Holding above 65,500 strengthens the bullish outlook. A clean break above 66,300 can accelerate upside momentum toward higher resistance levels.

#BTC #crypto #TradingSignals #bitcoin #Binance $BTC

BTCUSDT

Perp

66,701.1

+1.16%