$BTC Short Technical View

BTC
65,086.39
-10.13%
$BTC is in a strong short-term downtrend after the sharp rejection near 76.2K. The move into 65.3K is a clear impulse sell-off, showing heavy distribution and weak dip-buying so far.
Price is now sitting near local demand, but this is not a confirmed bottom yet.
Key levels:
Support: 65.3K → 64.8K → 63.5K
Resistance: 67.2K → 69.6K → 72.0K
As long as BTC stays below 69.5–70K, the structure remains bearish.
A bounce from here would be treated as a relief rally, not trend reversal.
For any bullish shift, BTC must reclaim and hold above 72K.
Loss of 65.3K increases risk toward the 63K zone.
Bias: Bearish, patience required — no chasing.
