BTC Outlook
Key levels to trade (zones, not single prices)
Resistance (Supply)
68,418 (today’s high / immediate cap)
69,200 – 69,600 (next supply pocket)
70,000 – 70,800 (major psychological + prior swing area)
72,000 – 72,500 (bigger reclaim zone; would improve the 1D structure)
Support (Demand)
68,060 – 68,150 (intraday base / last defended area)
67,550 – 67,750 (range floor / rotation support)
66,800 – 67,000 (next demand pocket)
65,200, then ~60,000 (capitulation low area)
My “next move” expectation (highest-probability path)
Because price is still stuck under 70K and market sentiment has been choppy around macro data, the most common path here is
Sweep / test above 68.4K → attempt 69.2K, then either reject and rotate back to ~67.7K, or (if reclaimed) continue toward 70K.
Also, on the derivatives side, Binance shows BTC perp context (mark/funding snapshot) that supports “range + volatility” behavior rather than a clean trend day.
Plan A (LONG) Breakout + Retest (preferred, safer)
Trigger: 15m/1H close above 68,420 and a retest that holds (no immediate flush back into the range).
Entry: 68,450 – 68,550 (or retest entry 68,250 – 68,350 if it pulls back first)
Stop-Loss: 67,950 (below 68,060 and below the breakout base)
TP1: 69,200
TP2: 70,000
TP3: 70,800
Management: After TP1, consider moving SL to breakeven or just under 68,200 (structure-dependent).
Plan B (SHORT) Rejection at Supply (aggressive but valid)
Trigger: Strong rejection (15m bearish engulf / long upper wick) at 68,420 – 69,200, OR breakdown back below 67,550.
Option 1: Rejection short
Entry: 68,350 – 68,550 (on rejection signal)
Stop-Loss: 68,900 (above the rejection swing; widen only if you expect wicks)
TP1: 67,750
TP2: 66,800
TP3: 65,200
Option 2: Breakdown short
Entry: 67,500 – 67,550 (clean breakdown + retest)
Stop-Loss: 68,150
TP1: 66,800
TP2: 65,200
Macro downside risk remains on the table if supports fail, as highlighted by multiple market reports.
Not financial advice. Risk management first.
$BTC
