@morecryptoonline
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Avg. Quality
71
Success Rate
32.16
Analysis
1956
Correct
629
Fail
1288
Pending
39
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
BTCUSDT
Long Entry
64,958.3000
2026-02-24
00:37 UTC
Target
72,299.9000
In 1 Weeks
Fail
61,800.0000
Risk/Reward
1 : 2
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Final PnL
11.30%
P/L: —
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Bitcoin is currently in a decision/transition phase. While the overall structure suggests a continued downtrend, buyers are showing resilience, holding support around $61,800-$62,600. A break above the intraday high of $66,600 and the previous Saturday's high around $68,800 is needed to confirm a bullish reversal. If this occurs, the market could see a move towards $72,000. Otherwise, the bearish trend remains in play with potential downside targets below $62,000.