$BTC

BTC
BTC
66,331.16
-1.97%

🔎 Current Situation

Current price: ~$67,574

24h change shown: -1.36%

Market structure: Lower highs forming

Trend: Short-term bearish / weak bounce attempts

📊 Key Levels Marked on Your Chart

🟠 Major Resistance Zones:

$69,445

$70,892

$74,425

$78,240

These are strong supply zones where sellers stepped in previously.

👉 BTC must break and hold above $69.4K–$70.9K to regain bullish momentum.

🟡 Immediate Resistance:

$67,922 (Currently struggling below this level)

If BTC cannot reclaim this level, downside pressure remains.

🔵 Support Zones:

$65,843

$65,100 (strong blue demand zone)

$64,027

$62,246

The blue line around $65K is very important.

If that breaks → high chance of move toward $64K–$62K.

📉 Market Structure Analysis

1️⃣ Trend Structure

Lower highs from ~$70K area.

Rejection from ~$70.8K zone.

Currently compressing downward.

This suggests distribution phase or continuation of correction.

2️⃣ Liquidity Areas

Equal lows near $65K → liquidity pool.

Big wick earlier shows stop-hunt volatility.

If $65K sweeps, expect either:

Sharp bounce (liquidity grab), OR

Acceleration to $62K.

3️⃣ Possible Scenarios

🐂 Bullish Scenario:

Reclaim $69,445

Break above $70,892

Target → $74K zone

Needs strong volume.

🐻 Bearish Scenario (More likely short-term):

Lose $65,800

Break $65,100

Drop toward $64K → $62K

⚠️ Volatility Warning

You’ve been following high-volatility news lately (FED events, tariffs, CPI).

If macro news hits → expect fake breakouts and stop hunts.

📌 My Honest View

Short term: Weak / Bearish bias below $69K Mid term: Still range-bound between $62K–$74K Major trend still depends on reclaiming $70K+ with volume.

If you want, tell me:

Which timeframe this is (1H? 4H?)

Are you holding long or short?

Your liquidation level?

I’ll give you a precise strategy plan 🔥