🌌 My Expectation $BTC
- Price is bullish but facing heavy resistance around 68,200–68,350 USDT.
- If we see a confirmed breakout and retest above 68,350 USDT with strong bullish price action, look for a long entry, targeting 69,000 USDT and 69,241 USDT. Wait for a pin bar or bullish engulfing as confirmation.
- If price sweeps the most recent swing high and sharply reverses with a bearish engulfing candle, consider a short down to 67,534 USDT and possibly 66,989–66,788 USDT. Look for confirmation such as a lower high on a lower timeframe.
- If price drops back into the bullish fair value gap and holds with a bullish reversal, that may also provide a dip-buying opportunity.
- Keep your stop-loss below the most recent swing low for longs, or above the swing high for shorts, to protect against trend changes.
- My bias will shift bearish only if price breaks and closes below 67,320 USDT with a retest and failure to reclaim; otherwise, bulls are still in control.