🚨 $BTC is moving according to the expected bearish scenario! 📉🤝
Bitcoin continues to face strong selling pressure and is currently trading near $68,842 after a sharp decline.
On the 15-minute timeframe, technical indicators show clear seller control, with consecutive lower highs forming and strong bearish candles appearing.
🔻 Bearish scenario: A break below $68,500 could pave the way for another downward move toward lower levels.
🔺 Bullish scenario: Reclaiming $70,000 and holding above it could give buyers a chance to start a fresh recovery.
For now, sellers still have the upper hand, and I’m monitoring price action closely for a clear signal of the next direction.
In your opinion, is BTC preparing for another downturn, or is a bullish rebound just around the corner? 👀
⚠️ This is technical analysis, not investment advice. Risk management is always essential.$BTC
Bitcoin continues to face strong selling pressure and is currently trading near $68,842 after a sharp decline.
On the 15-minute timeframe, technical indicators show clear seller control, with consecutive lower highs forming and strong bearish candles appearing.
🔻 Bearish scenario: A break below $68,500 could pave the way for another downward move toward lower levels.
🔺 Bullish scenario: Reclaiming $70,000 and holding above it could give buyers a chance to start a fresh recovery.
For now, sellers still have the upper hand, and I’m monitoring price action closely for a clear signal of the next direction.
In your opinion, is BTC preparing for another downturn, or is a bullish rebound just around the corner? 👀
⚠️ This is technical analysis, not investment advice. Risk management is always essential.$BTC