Bitcoin is currently trading around $66,400 after a strong rejection from the $68,400 – $69,000 zone. This move confirms that sellers are active near the recent highs, and the market is now in a short-term correction phase.
Support Zones • $65,800 – $65,200 → First and most important support • $63,800 – $64,000 → Strong demand zone (buyers likely to step in) If BTC holds above $65K, a bounce is very possible.
Resistance Zones • $67,500 – $68,000 → Immediate resistance • $69,200 – $70,000 → Major resistance & trend decision zone
Possible Scenarios • Bullish case 🟢: If BTC holds $65K and volume improves, price can recover toward $67.5K → $69K. • Bearish case 🔴: If $65K breaks with strong selling, BTC may revisit $63.8K – $64K before finding support.
Market Structure • Trend is still macro bullish • Short-term momentum is cooling • This looks like a healthy pullback, not a trend reversal