📉 $BTC /USDT: Bearish Pressure Intensifies

Bitcoin is currently battling a wave of downward momentum after failing to maintain its position above the $70,000 resistance mark. The price action is currently showing a "lower high" structure, suggesting that sellers are firmly in the driver's seat as the price hovers near the critical $68,000 support base. If this level fails to hold, we could see an extended slide toward deeper liquidity zones.

• Entry Strategy (Short): $68,200 – $68,600

• Targets: $67,400 | $66,800 | $66,000

• Stop Loss: $69,300 (Above recent structure)

Stay cautious—bearish momentum is gaining traction as traders watch for a decisive break.

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BTC
BTCUSDT
66,278.1
-2.15%