đ„ BITCOIN UPDATE â The Calm Before The Storm đš
Bitcoin (BTCUSDT) is trading around $68,900 after a steady pullback from the $72,200 high.
Volatility is drying up⊠and that usually means compression before expansion.
đ BTCUSDT â Key Levels to Watch
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đč BULLISH BREAKOUT SCENARIO
Hold above $68,300 â $68,500
Strong reclaim & close above $70,000 â $70,300
Targets:
đŻ $71,600
đŻ $72,200 (previous high & liquidity zone)
Break above could trigger a short squeeze
đž BEARISH BREAKDOWN SCENARIO
Clean break & close below $68,300
Opens the door toward:
đŻ $67,500
đŻ $66,800 â $66,500 (liquidity resting below)
Late longs get trapped fast
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đ§ What the chart is telling us:
Momentum is weak but stabilizing âïž
Selling pressure is slowing âïž
This looks like consolidation, not panic âïž
The next move will be fast and emotional
đ Indicators hint that the market is oversold short-term, but direction needs confirmation.
đ§ The real battle isnât on the chart â itâs psychological.
SMART MONEY: Accumulates during boredom.
THE CROWD: Overtrades during boredom.
Which one are you?
â ïž Trade your plan. Protect your capital.
This is NOT financial advice.
ALWAYS DO YOUR RESEARCH.
đ Save this before BTC wakes up
đŹ Accumulate, hold, or wait? Comment your strategy
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