š” $BTC Market Update
šŖ BTC remains the market reference point.
š Current Price Action:
⢠Moving sideways
⢠Support: $66,000
⢠Resistance: $70,000
š Indicators:
⢠Volume: Bearish divergences
⢠Daily RSI: Neutral ā Possible accumulation phase
ā° 4H Timeframe:
Forming a compression pattern ā Breakout likely soon.
š§ Key Watch:
BTC remains highly sensitive to macro news (FOMC meetings, Fed comments). Monitor closely for volatility spikes.
#BTC #Bitcoin #CryptoAnalysis #MarketUpdate