BTC/USD outlook: Falls to three-week low on US tariff uncertainty

Slobodan Drvenica Windsor Brokers

BTC/USD

Bitcoin remains in red and holding above new three-week low on Monday, deflated by growing uncertainty over US tariffs.

Fresh extension lower cracked important supports at 65.5/65K zone (higher base) but need to register a clear break lower to validate developing negative signal and open way for retest of key 60K support zone (psychological / Feb 6 spike low, the lowest since Oc1 2024).

Firmly bearish daily technical studies support the notion, with falling 10DMA (67800) to cap upticks and keep intact upper breakpoint at 70K.

Res: 67450; 67800; 68700; 70000.
Sup: 65800; 65000; 64120; 62060.

Author

Slobodan Drvenica

Windsor Brokers

Industry veteran with over 22 years’ experience, Slobodan Drvenica joined Windsor Brokers in 1995 when he was an active trader for more than 10 years, managing the trading desk and own account departments.

XRP recovers slightly as bearish sentiment dominates crypto market

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