💰 Current Price & Trend:
$BTC is trading around $68,000–$69,000, moving sideways after a recent drop.
Price bounced from $60K strong support, but still inside a descending channel (bearish structure).
Overall trend remains cautious / slightly bearish until key resistance breaks.
📉 Key Support & Resistance Levels
Support zones:
Major support: $60,000 – $62,000 (critical demand area)
Extreme support: $58,000 (last strong defense level)
Resistance zones:
Immediate resistance: $70,000 – $72,000
Strong resistance: $75,000 – $80,000 (trend reversal level)
📊 Indicators Summary
RSI recently showed oversold conditions, meaning bounce potential exists.
Moving averages overall still give Sell / weak outlook, showing trend isn’t fully bullish yet.
Market sentiment is mixed — some investors buying, others still cautious.
🔮 Short-Term Prediction
Bullish scenario:
Break above $72K → $80K possible
Bearish scenario:
Lose $60K → drop toward $50K–$58K
Most likely now:
Sideways movement between $60K and $72K until breakout
🧠 Simple conclusion
BTC is in consolidation phase
Not fully bullish yet
Big move coming soon (either breakout or breakdown)
If you want, I can also make a clean “trading-style analysis image” with support/resistance lines and prediction arrows.
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