đ BTCUSDT Quick Market Update
BTC is currently reacting at the ascending trendline support around the 67K zone. Short-term structure looks weak with lower highs forming, but the trendline support is still holding for now.
âą Price sitting on trendline support + minor demand zone
âą Downside liquidity resting near 66.5K
âą Major supply / resistance above at 70.5K â 71.2K
Chart Pattern:
âĄïž Ascending trendline support test
âĄïž Lower high formation (short-term bearish pressure)
âĄïž Price compression before breakout move
Next Expected Move
Bullish Scenario:
If BTC holds trendline + reclaims 68.2K, bounce likely
Targets: 69.5K â 70.8K â 71.5K
Bearish Scenario:
If BTC breaks and closes below 67K trendline, downside liquidity sweep expected
Targets: 66.4K â 65.5K â 64.8K
Trendline reaction will decide the next move.
â ïž Avoid early entry â fake breakout / fake breakdown possible. Enter only after confirmation.$BTC
