#BTC is trading inside a developing descending structure, with lower highs forming consistently. Repeated rejections from the trendline indicate that short-term control remains with sellers.
The key level remains $72,000. As long as price stays below this area, upside attempts are likely to be limited.
If the current range breaks down, the next area to watch sits near $63,000–$62,500, where stronger support is located.
Resistance zones continue to act as short-term selling areas.
Momentum only shifts if $BTC reclaims and holds above $72K.
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#BTC is trading inside a developing descending structure, with lower highs forming consistently. Repeated rejections from the trendline indicate that short-term control remains with sellers.
The key level remains $72,000. As long as price stays below this area, upside attempts are likely to be limited.
If the current range breaks down, the next area to watch sits near $63,000–$62,500, where stronger support is located.
Resistance zones continue to act as short-term selling areas.
Momentum only shifts if $BTC reclaims and holds above $72K.