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BTCUSDT β MARKET UPDATE π
π‘ Current Price: ~64,500
BTC is recovering from the 62.7K area but is now testing a major 64.5Kβ65.5K resistance zone .
π’ BULLISH SCENARIO
A clean breakout and hold above 65,500 could open the way toward:
π― 66,500
π― 67,500
π― 70,000
π΄ BEARISH SCENARIO
If BTC gets rejected and loses 63,500 , downside targets become:
π― 63,000
π― 62,500
π― 61,600
π Key Support: 62,500β63,500
π Key Resistance: 65,000β65,500
π° TODAY'S CATALYST
πΊπΈ 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.
π My view: Neutral-to-bullish above 63,500, but I want confirmation above 65,500 before calling a strong continuation.
β οΈ Don't chase the breakout. Manage leverage and wait for confirmation.
#BTC #BTCUSDT #Bitcoin #Binance #CryptoTrading #BTCAnalysis #FOMC #PriceAction #tangl_family
π‘ Current Price: ~64,500
BTC is recovering from the 62.7K area but is now testing a major 64.5Kβ65.5K resistance zone .
π’ BULLISH SCENARIO
A clean breakout and hold above 65,500 could open the way toward:
π― 66,500
π― 67,500
π― 70,000
π΄ BEARISH SCENARIO
If BTC gets rejected and loses 63,500 , downside targets become:
π― 63,000
π― 62,500
π― 61,600
π Key Support: 62,500β63,500
π Key Resistance: 65,000β65,500
π° TODAY'S CATALYST
πΊπΈ 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.
π My view: Neutral-to-bullish above 63,500, but I want confirmation above 65,500 before calling a strong continuation.
β οΈ Don't chase the breakout. Manage leverage and wait for confirmation.
#BTC #BTCUSDT #Bitcoin #Binance #CryptoTrading #BTCAnalysis #FOMC #PriceAction #tangl_family
