🚨 BITCOIN: Trading Below Key Moving Averages
BTC is currently hovering around $63,000 while remaining below the MA5, MA10, and MA20 on the daily chart. This suggests bearish pressure is still present despite recent recovery attempts.
The strategy? Watch for a reclaim above the $64,500–$65,000 zone. If Bitcoin fails to break higher, another retest of lower support levels could be on the table.
Are you accumulating Bitcoin during this consolidation, or waiting for a confirmed breakout?
$BTC #Fed adopts hawkish stance #Fed holds interest rates #UXLink attack funds laundered
