$BTC
USDT – Market Update 📉
Bitcoin is slowly moving down after getting rejected near the 71,100 zone. Right now, price is trading around 69K, and momentum looks weak with sellers still in control.
🔍 Technical Outlook
Overall structure remains bearish
Price is making lower highs
Bounce from 67,800 was weak
Volume is average, buyers are not fully active yet
📌 Important Levels
Resistance: 69,800 – 70,500
Major Resistance: 71,100
Support: 68,300 – 67,800
📉 Bearish Case If BTC fails to hold above 68,800, we may see another move down toward 67,800 support.
📈 Bullish Recovery (Only If) A strong break and hold above 70,500 could open the door for a move toward 71,100+.
🎯 Short-Term Trade Idea
Sell below: 69,800
Targets: 68,300 → 67,800
Stop Loss: 70,600
⚠️ Market is in a slow correction phase — best to wait for clear confirmation before entering.