Bitcoin is currently showing weak bullish momentum with a possible short-term bearish correction. Price is struggling near a strong resistance zone and forming lower highs, which often signals seller pressure.

📊 Key Levels

Resistance: $68,000 – $70,000

Major Resistance: $74,000

Support: $64,000

Major Support: $60,000

If BTC fails to break the resistance zone, a short-term pullback toward $62K–$60K is possible. �

COINOTAG +1

⚡ Indicators

RSI: Near neutral / slightly weak (selling pressure building)

Trend: Short-term downtrend channel on lower timeframes

Volume: Decreasing → showing weaker buying momentum

📉 Short Setup Idea (Example)

Entry: 67,500 – 69,000 zone

Stop Loss: 71,200

Targets:

TP1 → 64,500

TP2 → 62,000

TP3 → 60,000

🧠 Trading Psychology

Many traders are trapped after a breakout attempt above resistance. If liquidity gets swept, smart money often pushes Price downward to grab stop losses.$BTC #BTC @najeeb trap trader

BTC
BTCUSDT
70,427.4
+1.66%