$BTC Current Price: 67,834

Market Structure: Short-term downtrend / consolidation after rejection near 70K

đŸ”» Trend & Price Action

Price is making lower highs and lower lows on 4H → bearish bias

Currently bouncing from lower Bollinger Band → short relief move

Still trading below mid-BB (orange line) → sellers in control

📊 Indicators

Bollinger Bands (20,2)

Price near middle band after touching lower band

Needs break above mid-band for bullish momentum

RSI (14): 46

Neutral zone

No strong momentum yet

Slight upward curve → weak recovery

Volume

Declining → move lacks strength

No clear accumulation spike

Key Levels

Support

66,600 — 66,400 → Immediate support (recent bounce zone)

66,000 → Strong psychological + structural support

65,000 — 64,500 → Next demand zone if breakdown

$BTC Resistance

68,400 — 68,500 → Mid-BB + local resistance

69,800 — 70,300 → Major rejection zone

72,000 → Strong macro resistance

Bearish Scenario (More Likely Now)

If price fails at 68.4K:

âžĄïž Retest 66.6K

âžĄïž Breakdown → 65K zone

âžĄïž Panic selling possible below 65K

📈 Bullish Scenario

Bullish only if:

✔ 4H close above 68.5K

✔ Strong volume

✔ RSI moves above 55

Then targets:

âžĄïž 69.8K

âžĄïž 70.3K

âžĄïž 72K

⚡ Scalping Outlook

Range trading between 66.5K — 68.5K

Breakout needed for trend move

Fake pumps likely due to low volume

If you want, I can also give:

✅ Exact intraday long/short entry setup

✅ High-probability scalping plan (5m / 15m)

✅ Today’s target zones

✅ Stop-loss strategy for small accounts

$BTC

BTC
BTCUSDT
67,683.1
+1.22%

#BTCanalysis #BTC #cryptouniverseofficial