BTC grinding lower with bearish momentum intact, slicing through EMAs like butter after rejecting 69k highs. Short-term consolidation in play around 66.5k, but downside breakout risk looms if 65.7k support cracks—watch for volume spike. Overhead resistance at 67k capping any bounce attempts.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC
BTC grinding lower with bearish momentum intact, slicing through EMAs like butter after rejecting 69k highs. Short-term consolidation in play around 66.5k, but downside breakout risk looms if 65.7k support cracks—watch for volume spike. Overhead resistance at 67k capping any bounce attempts.
• Entry Zone: Short 66,200 - 66,500
• TP1: 66,000
• TP2: 65,714
• TP3: 65,000
• Stop-Loss: 67,000
#BTC #BuyTheDipOrWaitNow? #CryptoSurvivalGuide #CelebratingNewYearOnGateSquare