BTC/USD Technical Analysis: SMA 60 Test to Decide Next Move

Note: This section contains information in English only.
Source: Dukascopy Bank SA
BTC/USD is executing a standard mean-reversion move following its failure to secure acceptance above the 82,350.0 resistance level. The current downward drift represents a low-volatility compression phase as the market seeks a sustainable liquidity floor. All technical focus remains on the confluence between the 60-day Simple Moving Average and the structural horizontal support at 73,000.0. A stabilizing price action pattern within this pocket would confirm structural support and validate a continuation of the medium-term recovery trend toward the May highs.



Conversely, a clean breach below 73,000.0 on expanding volume would signal an invalidation of the current bullish market structure, shifting the immediate bias to neutral and opening the door for a deeper test of the 65,000.0–66,500.0 demand zone.

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