Bitcoin Price Analysis: What’s the Most Likely Short-Term Scenario for BTC?

Bitcoin is still stuck in a broader bearish structure, but the latest bounce shows buyers are trying to keep the recent recovery alive above the key $60k area. Even so, the bigger trend remains fragile, with BTC still trading below major resistance levels on the higher timeframes. Bitcoin Price Analysis: The Daily Chart On the daily chart, BTC remains below both the 100-day and 200-day moving averages, which keeps th…