This post was originally published on this site.
$BTC – Market Update (7/24)
BTCUSDT Perpetual Contract BYBIT:BTCUSDT.P
Price traded below 65k, but we’re trying to defend this level.
Heading into the weekend, I don’t really want to see BTC spend too much time trading around this area. The longer price accepts below 65k, the greater the risk that momentum starts to fade.
We still haven’t swept the highs, so I’d like to see one more push to clear that liquidity. However, if price continues to get capped at 66.2k, the odds increase that we start to roll over.
![[Aggregator] Downloaded image for imported item #20946 $BTC – Market Update (7/24)](https://tradersignals.org/wp-content/uploads/2026/07/vd0dMBO6_mid.png)