Bitcoin is compressing at $68K after a massive daily correction from the $97K highs… and volatility is about to explode. The daily chart shows stabilization after a sharp flush toward $60K, while the 5-minute timeframe reveals tight consolidation just below resistance. When higher timeframe recovery meets lower timeframe compression, a big move usually follows. #btc
On the daily chart, buyers aggressively defended the $59K–$60K zone, leaving a strong rejection wick — a classic sign of demand absorption. Now price is building structure above $67,800, and that level is becoming the battlefield between bulls and bears. The market has stopped panicking… now it’s positioning. #bitcoin
On the 5-minute chart, liquidity has been swept on both sides. Quick drops, fast rebounds, and now tight sideways candles. This is classic pre-breakout behavior. Resistance sits near $68,650–$69,000. Support is around $67,800. One side is about to get liquidated. #btc
🚀 Bullish scenario: A clean breakout above $68,650 with strong volume could trigger short liquidations and push price toward $70K fast. If $70K gets reclaimed on the daily close, momentum could accelerate toward $75K in the coming sessions. This is where FOMO starts building. #btc
⚠️ Bearish scenario: If $67,800 breaks with momentum, sellers may drive price toward $65K and potentially retest deeper liquidity near $60K. A fake breakout followed by rejection would trap late buyers and fuel another wave down before true reversal. #btc
Right now, volatility is compressing. Energy is building. The market has already flushed weak hands — and history shows expansion follows compression. The only question is direction. #btc
Are you positioning for breakout or waiting for confirmation? Drop your bias below 👇 Bulls or Bears? Let’s see the sentiment. #btc
