$BTC price rejecting MA7 (64,108) after brief bounce attempt, now drifting lower below all MAs in ongoing downtrend. Lower highs/lows intact, volume low on any recovery attempts, selling pressure dominant. Bearish continuation likely unless strong reclaim above 65k with volume.
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$BTC price rejecting MA7 (64,108) after brief bounce attempt, now drifting lower below all MAs in ongoing downtrend. Lower highs/lows intact, volume low on any recovery attempts, selling pressure dominant. Bearish continuation likely unless strong reclaim above 65k with volume.
Entry Zone 64,800 – 65,200
Targets
TP1: 63,500 – 64,000
TP2: 62,000 – 62,500
TP3: 60,000 – 61,000
Stop Loss 65,500 – 65,80