BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
BTCUSDT running in negative trend and its immediate strong resistance are 67500 to 69250 level . Stop loss is 69500 level and it can fall towards 60000 level positionally because of abc pattern formation .Intraday purpose selling is better for targets 65100,65000 and 64800 levels respectively with stop loss 66700 level because 5 minute chart showing calculation showing 65600 to 66700 level resistance and intraday stop loss 66700 level .
QUICK FUNDAMENTAL LOOK
As Bitcoin dips below the $65,000 mark, currently trading at $64,886, the cryptocurrency market is witnessing a heightened sense of urgency among traders
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.