$BTC is currently trading around **$69,489** with a small **+0.89% gain**, but momentum is fading after failing to break above $70,500. Price is struggling below key short-term MAs, suggesting a cooling-off period.
📊 Market Overview
Price is showing lower highs on lower timeframes, indicating profit-taking and short-term weakness.
BTC is currently trading below MA7 ($69,712) and MA25 ($69,578), while holding above MA99 ($67,867).
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🔎 Key Levels
🟢 Support: $68,800
🟢 **Strong Support:** $67,800 (MA99)
🔴 Resistance: $70,050
🔴 **Major Resistance:** $70,550 (24h High)
If
$BTC holds above **$68,800**, a bounce toward $70,000 is possible.
If it breaks below **$67,800**, further downside toward $66,500 could follow.
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🎯 Trade Plan (Spot/Futures)
✅ Entry Zone: On bounce near resistance ($69,800 – $70,000 for short)
🎯 TP1: $68,500
🎯 **TP2:** $67,800
🛑 Stop Loss: Above $70,200
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🔥 Why Consider Short?
· Rejection from $70,500 zone
· Trading below MA7 & MA25
· Funding rates cooling – leverage washing out
· Volume declining – no fresh buyers yet
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⚠️ Not financial advice. Always manage risk properly.
Do you think BTC will break $70K soon or cool down further? 👇🔥
#BTC #Bitcoin #berish #Crypto #trading