0 reactions
BTCUSDT — MARKET UPDATE 📊
🟡 Current Price: ~64,500
BTC is recovering from the 62.7K area but is now testing a major 64.5K–65.5K resistance zone .
🟢 BULLISH SCENARIO
A clean breakout and hold above 65,500 could open the way toward:
🎯 66,500
🎯 67,500
🎯 70,000
🔴 BEARISH SCENARIO
If BTC gets rejected and loses 63,500 , downside targets become:
🎯 63,000
🎯 62,500
🎯 61,600
📌 Key Support: 62,500–63,500
📌 Key Resistance: 65,000–65,500
📰 TODAY'S CATALYST
🇺🇸 FOMC minutes are due today. Expect increased volatility around the release. A hawkish Fed could strengthen the dollar and pressure BTC, while a dovish tone could support a breakout.
📈 My view: Neutral-to-bullish above 63,500, but I want confirmation above 65,500 before calling a strong continuation.
⚠️ Don't chase the breakout. Manage leverage and wait for confirmation.
#BTC #BTCUSDT #Bitcoin #Binance #CryptoTrading #BTCAnalysis #FOMC #PriceAction #tangl_family
🟡 Current Price: ~64,500
BTC is recovering from the 62.7K area but is now testing a major 64.5K–65.5K resistance zone .
🟢 BULLISH SCENARIO
A clean breakout and hold above 65,500 could open the way toward:
🎯 66,500
🎯 67,500
🎯 70,000
🔴 BEARISH SCENARIO
If BTC gets rejected and loses 63,500 , downside targets become:
🎯 63,000
🎯 62,500
🎯 61,600
📌 Key Support: 62,500–63,500
📌 Key Resistance: 65,000–65,500
📰 TODAY'S CATALYST
🇺🇸 FOMC minutes are due today. Expect increased volatility around the release. A hawkish Fed could strengthen the dollar and pressure BTC, while a dovish tone could support a breakout.
📈 My view: Neutral-to-bullish above 63,500, but I want confirmation above 65,500 before calling a strong continuation.
⚠️ Don't chase the breakout. Manage leverage and wait for confirmation.
#BTC #BTCUSDT #Bitcoin #Binance #CryptoTrading #BTCAnalysis #FOMC #PriceAction #tangl_family
| 1,000 mlx | |
| 1 | |
| 0 |