Bitcoin is facing significant selling pressure, and the overall market structure remains bearish.

📊 MARKET OVERVIEW Current Price: Around $68,800 Market Trend: Bearish RSI (14): Around 25 Momentum: Weak

🔍 TECHNICAL ANALYSIS

BTC is trading below its major moving averages, indicating strong downside pressure.

The RSI near 25 suggests oversold conditions. However, this does not automatically mean a bullish reversal is coming.

📌 KEY SUPPORT LEVELS • S1: $67,300 • S2: $65,000 (psychological watch level) • S3: $62,000

📌 KEY RESISTANCE LEVELS • R1: $70,100 • R2: $72,700 • R3: $74,800

🐂 BULLISH SCENARIO

If BTC reclaims $70,100 and holds above this level, a recovery toward $72,700 could become possible.

🐻 BEARISH SCENARIO

If BTC loses the $67,300 support with strong selling volume, further downside toward lower support zones could follow.

🎯 MY MARKET VIEW

For now, I remain cautious and bearish on BTC.

I would rather wait for confirmation than enter a trade based on emotions.

⚠️ Don't chase the market. Always manage your risk and use proper stop-loss protection.

💬 What do you think?

Will Bitcoin recover above $70K, or are we going lower?

🐂 BULLISH or 🐻 BEARISH?

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