On the daily chart, Bitcoin is hovering around $67.6K after slipping below a symmetrical triangle pattern. The market previously saw a sharp rejection from the $97.9K area, which triggered a strong decline down to nearly $59.8K, setting the tone for the current structure.
Following that drop, price staged a relief bounce and is now moving sideways between $66.5K and $68K, right at the former support zone that is now acting as resistance. This is a decisive retest area.
If sellers defend this region:
Failure to reclaim $68K–$70K would validate the breakdown and could send BTC back toward $59.8K, with scope for even deeper downside.
If bulls take control:
A clean move above $70K and sustained acceptance would invalidate the bearish setup and turn this into a deviation.
Focus Zone: $67K – $70K
The price reaction here will likely define whether the market prints another impulsive drop or begins a recovery leg.
BTCUSDT
Διην.
66,612.5
-1.15%