#BTC #BTCUSDTAnalysis
đ BTC/USDT Market Snapshot â Immediate Context
Bitcoin is trading near ~$67,800 USD after a rebound from lower supports (~$64k). The market has been highly volatile with sharp swings, but buyers defended key levels near $62kâ$65k, showing short-term bid interest. Macro risk sentiment remains mixed due to broader risk asset sell-offs. Positive relief rallies still occur on oversold conditions but structural bears are intact until higher highs are confirmed.
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đ BTC/USDT Technical & Sentiment Pulse
Bullish Signals:
â Strong bounce off multi-session support levels
â Oversold indicators on short timeframes â relief rally potential
â Short covering visible in futures markets
Bearish Headwinds:
â Macro risk-off sentiment still present
â Higher timeframe bearish structure
â Heavy liquidation pressure compresses rally strength
Current Structure:
Price is in a relief bounce phase within a broader corrective range â favoring strategic range plays over trend-following entries.
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đ Short-Term Trade Bias: Long (Rebound Play)
Given current oversold conditions and support defense, a controlled long bias has better probability in the immediate term â provided BTC remains above critical support.
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đ BTC/USDT Short-Term Long Signal
đŠ Entry Zone (Buy on Dip)
đ $66,500 â $68,000
This range captures demand clusters and probable buyer accumulation before continuation.
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đ« Stop-Loss (Invalidation)
đ» $64,400
A decisive close below this level signals bearish control and invalidates short-term rebound thesis.
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đŻ Take Profit Targets
1. đą TP1 â Relief Target: $71,500
Short-term resistance after rebound.
2. đĄ TP2 â Swing Level: $74,000
Expected supply zone where profit-taking increases.
3. đ„ TP3 â Extended Rally: $78,200
Aggressive target if momentum carries and structure confirms.