From a technical perspective, BTC is currently trading below several major moving averages, including:
50-day EMA (approximately $69,106)
100-day EMA (approximately $72,123)
200-day EMA (approximately $77,748). The continued price below these levels indicates that the larger-scale trend remains bearish, and sellers have not completely exited their dominance. This means that even if a short-term rebound occurs, the market needs to break through several resistance levels before it can change the current correction pattern. On the downside, the area around $64,005 remains Bitcoin's first important support level. If this level is broken, the market may face greater downward pressure again, and the current correction may continue to extend.
50-day EMA (approximately $69,106)
100-day EMA (approximately $72,123)
200-day EMA (approximately $77,748). The continued price below these levels indicates that the larger-scale trend remains bearish, and sellers have not completely exited their dominance. This means that even if a short-term rebound occurs, the market needs to break through several resistance levels before it can change the current correction pattern. On the downside, the area around $64,005 remains Bitcoin's first important support level. If this level is broken, the market may face greater downward pressure again, and the current correction may continue to extend.
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Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.