š BTCUSDT Quick Market Update
BTC is currently reacting at the ascending trendline support around the 67K zone. Short-term structure looks weak with lower highs forming, but the trendline support is still holding for now.
ā¢ Price sitting on trendline support + minor demand zone
ā¢ Downside liquidity resting near 66.5K
ā¢ Major supply / resistance above at 70.5K ā 71.2K
Chart Pattern:
ā”ļø Ascending trendline support test
ā”ļø Lower high formation (short-term bearish pressure)
ā”ļø Price compression before breakout move
Next Expected Move
Bullish Scenario:
If BTC holds trendline + reclaims 68.2K, bounce likely
Targets: 69.5K ā 70.8K ā 71.5K
Bearish Scenario:
If BTC breaks and closes below 67K trendline, downside liquidity sweep expected
Targets: 66.4K ā 65.5K ā 64.8K
Trendline reaction will decide the next move.
ā ļø Avoid early entry ā fake breakout / fake breakdown possible. Enter only after confirmation.
BTC is currently reacting at the ascending trendline support around the 67K zone. Short-term structure looks weak with lower highs forming, but the trendline support is still holding for now.
ā¢ Price sitting on trendline support + minor demand zone
ā¢ Downside liquidity resting near 66.5K
ā¢ Major supply / resistance above at 70.5K ā 71.2K
Chart Pattern:
ā”ļø Ascending trendline support test
ā”ļø Lower high formation (short-term bearish pressure)
ā”ļø Price compression before breakout move
Next Expected Move
Bullish Scenario:
If BTC holds trendline + reclaims 68.2K, bounce likely
Targets: 69.5K ā 70.8K ā 71.5K
Bearish Scenario:
If BTC breaks and closes below 67K trendline, downside liquidity sweep expected
Targets: 66.4K ā 65.5K ā 64.8K
Trendline reaction will decide the next move.
ā ļø Avoid early entry ā fake breakout / fake breakdown possible. Enter only after confirmation.
