BTCUSD Technical Outlook | Resistance Rejection Keeps Pressure o
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
BTCUSD is consolidating beneath an important resistance level after failing to extend higher. The market structure continues to favor sellers while price trades below the highlighted supply zone. A confirmed rejection could lead to another leg lower toward key support.
🎯 Targets:
Target 1: 62,500
Target 2: 62,000
Target 3: 61,300
📌 Key Resistance: 63,400–63,500