BTCUSD Bearish Continuation Setup | Key Support in Focus
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Bitcoin remains under short-term bearish pressure after rejecting higher prices. The current consolidation below resistance indicates that sellers are still defending the upper range. If support fails to hold, the market could extend its decline toward the next demand zone.
🎯 Targets:
Target 1: 62,400
Target 2: 61,900
Target 3: 61,300
🔑 Resistance Zone: 63,400–63,500