BTC/USD Facing Key ResistanceBearish Scenario

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BTC/USD Facing Key Resistance Bearish ScenarioBitcoin / TetherUSBINANCE:BTCUSDTMR_SAHIL_4XBTC/USD is currently trading inside a rising channel after a strong bullish move. Price recently tested a major resistance zone but has not yet confirmed a breakout. The highlighted resistance area remains an important level to monitor. If buyers fail to push above this zone, price may revisit the nearby support levels marked on the chart. The first area of interest is Support 3, followed by Support 2 if bearish momentum increases. A deeper correction could extend toward the lower support zone shown. On the other hand, a sustained close above the resistance zone would weaken this bearish outlook and could signal continuation of the uptrend. Key Levels Resistance: 63,300–63,550 Support 1: Around 62,400 Support 2: Around 61,200 Major Support: Around 59,750 This analysis is based on current price structure and key technical levels. Always wait for confirmation before entering a trade and manage risk according to your trading plan. This is a technical analysis for educational purposes only and not financial advice.