$BTC /USDT – BEARISH PRESSURE BUILDING BELOW KEY RESISTANCE ⚠️📉
📊 Technical Analysis – June 9, 2025
Bitcoin is currently trading around $69,800, facing strong rejection below the psychological level of $70K. Short-term indicators suggest a potential pullback if support fails to hold.
🔑 Key Levels:
Resistance:
🚧 $70,500 – Immediate resistance
🚧 $72,000 – Strong overhead barrier
Support:
🛡️ $68,800 – Short-term support
⚠️ $67,000 – Critical breakdown level
📉 Short Trade Setup:
Entry: $69,800–$70,000 (on failed breakout or bearish confirmation)
Take Profit (TP):
🎯 TP1: $68,800
🎯 TP2: $67,000
Stop Loss (SL): $70,700
🧠 Risk Management:
✅ Only risk 1–2% of capital per trade
✅ Always use stop loss
✅ Lock in profits progressively at targets
🚨 Caution: A break below $68,800 could trigger deeper correction! Stay sharp! ⚡📊
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