Bitcoin and crypto in short-term pullback as stocks dip
Bitcoin and crypto are cooling off in the short term after the US stock market had a down day, but the bigger uptrend is still seen as intact.
- Stocks fell for a day, and crypto usually follows stocks down in the short term.
- Bitcoin is holding around $60,000 support but keeps stalling near $67,000 resistance.
- A likely small dip could hit fresh liquidity levels just below the current price before any bounce.
- Ethereum is flashing a possible bearish divergence, which could bring more weakness or sideways chop for days.
- Longer-term charts still show bullish setups for Bitcoin, XRP, Solana, and Chainlink, so this is framed as just a pause.
Outlook: A steady or bouncing stock market on Friday could spark a weekend crypto rebound, but more stock weakness likely means a few more days of cooling off.
## Bitcoin Levels
- **Bias:** Bullish longer-term, weak/cooling in the short term
- **Support:** $60,000 (major); $64.8K, $64.2K, $63,000 on shorter time frames
- **Resistance:** $66.1Kโ$67,000
- **Targets:** Upside target just above $67,000
- **Liquidity zones below (likely dip targets):** $64.3Kโ$64.5K, $63.5Kโ$63.7K, $62.3Kโ$62.4K
- **Liquidity above:** $67,000โ$67.4K