From a technical perspective, the moving averages are bearish and indicators are weak. Volume and price action have been under selling pressure. After reaching a high of 68,300 yesterday, it briefly declined southward to around 65,000! Overall, the trend remains bearish!
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$BTC Today's Bitcoin Public Reference:
From a technical perspective, the moving averages are bearish and indicators are weak. Volume and price action have been under selling pressure. After reaching a high of 68,300 yesterday, it briefly declined southward to around 65,000! Overall, the trend remains bearish!
Bitcoin: A pullback to around 66,500-67,000 could be a good entry point, with a target near 65,000-64,000.
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