On this 15m $BTC chart, the rejection is clean.
Price failed again near 68.2K–68.4K, which lines up with the EMA cluster and prior breakdown area. That zone keeps acting as supply. Every push into it is getting sold.
Now we’re trading around 67.3K after a sharp red candle. RSI has dropped toward low-30s, showing short-term weakness. MACD is expanding bearish again. Momentum favors sellers for now.
Immediate levels:
• Resistance: 67.8K–68.2K
• Major resistance: 69.0K
• Support: 66.6K (recent swing low)
• Below that: 65.8K liquidity pocket
As long as BTC stays below 68.2K, this structure remains a series of lower highs. Reclaim that level with strength and the tone shifts.
Fail to reclaim, and odds increase for a sweep of 66.6K.
Right now, sellers still control the intraday structure.
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