📉 Where is Bitcoin right now?



Looking at the BTC/USDT chart, the price has broken below all major EMAs (5, 10, 20, 60) and is trading around $67 895.

· EMA5 ($70 469) has become resistance.
· The lower Bollinger Band ($65 499) is a key support level.
· MACD is negative, the histogram is in the red, confirming a bearish momentum.
· RSI(6) = 30 — oversold zone, but not yet extreme.

🎯 Key levels to watch

✅ Support:

1. $65 499 (LB of Bollinger — a break below could accelerate the decline.
2. )980 $59 previous low on the chart(.
3. )000 $49 global low on the chart, "fear" target(.

✅ Resistance:

1. )469 $70 EMA5(.
2. )575 $74 EMA10(.
3. )305 $82 middle line of Bollinger(.

📌 Short-term scenarios

🔻 Bearish scenario with higher probability):

· A daily candle close below (499 could open the way to )980 → $65 000.
· High selling volume and negative MACD reinforce pressure.

⬆️ Reversal opportunity $59 if support holds$49 :

· RSI(6) ≈ 30 may trigger a local bounce to (469 )EMA5$70 .
· A trend change requires an impulse above (575 )EMA10$74 and increased volume.

💎 Conclusion:

Bitcoin is under pressure. There is a chance to test $49k–52k, but everything will be decided around (500.

· If we lose $65.5k — prepare for a deeper correction.
· If we bounce off support — consolidation in the range of $65.5–70.5k is possible.

Indicators )MACD, RSI, EMA$65 show a bearish bias, but oversold conditions could lead to a short-term rebound.

📊 Trade carefully, stop-loss is a must.
⚠️ This post is not a trading signal; conduct your own analysis.

() ‌
$BTC
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CallMeMr.Happinessvip
· 4m ago
2026 GOGOGO 👊
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Ryakpandavip
· 3h ago
Just go for it💪
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MupyMup_R15vip
· 3h ago
Hold tight 💪
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jOnEyvip
· 3h ago
I'm waiting below 49k because we were already in a downtrend cycle 😂
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HighAmbitionvip
· 3h ago
Happy New Year! 🤑
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CryptoBGsvip
· 3h ago
2026 GOGOGO 👊
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