$BTC Bitcoin (BTCUSDT) is currently trading around $68,500, moving inside a tight consolidation range after rejecting the $69,400 resistance zone. The recent structure shows a strong recovery from the $59,800 major demand level, where aggressive buying stepped in and formed a higher-low pattern on the 4H chart. This indicates that buyers are still defending the broader structure despite short-term pullbacks. However, momentum has slowed, and price is compressing between $67,800 support and $69,400 resistance, signaling that a breakout is approaching.
If $BTC manages a strong 4H close above $69,500, it could trigger bullish continuation toward $70,900 (recent high), followed by $72,500–$74,800 as the next supply zones. A volume spike during breakout would confirm strength and attract momentum traders. On the downside, losing $67,800 may open the door to $65,000, and a deeper correction could retest $63,900. The major invalidation level for bulls remains near $59,800.
Currently, $BTC is in a decision zone. Smart traders should wait for confirmation — breakout or breakdown — and manage risk accordingly. The next move could be explosive. 🚀
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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