$BTC /USDT Market Update
Currently, BTC is reacting to an important ascending trendline support near 67K. There is some weakness as a lower high is formed in the short-term, but the support has not been broken yet. There is liquidity below 66.5K, and on the upside, the 70.5K–71.2K zone is acting as a strong resistance. If the price recovers 68.2K, then a bounce from 69.5K to 71K+ is possible. But if the price closes below 67K, there is a possibility of a quick drop to the 66K region.
👉 So, it is safe to wait for confirmation before making any hasty entries, as there is a risk of a fake breakout or breakdown.