$BTC

CURRENT PRICE

69,869.28 USDT

24h High: 71,751

24h Low: 64,500

24h Change: +7.48% (still green candle on the day)

Volume: ~65k BTC / ~4.47B USDT (decent but not explosive)

WHAT THE CHART IS SAYING

  • - Strong bounce from 64,500–65,000 zone yesterday

  • - Price is now fighting right under the MA(7) ~70,132 and MA(25) ~70,447

  • - MA(99) ~68,768 is acting as dynamic support underneath

  • - We are in a classic chop / consolidation zone after the big flush and recovery

  • - Momentum is cooling — no fresh buying panic, no fresh selling panic either

KEY LEVELS – SUPPORT & RESISTANCE

MAJOR SUPPORT ZONES (defend these)

1. 69,200 – 69,500 → immediate floor (current price action base)

2. 68,500 – 68,800 → MA(99) + psychological level

3. 67,000 – 67,650 → stronger mid-term shelf

4. 64,500 – 65,000 → yesterday’s low + big volume node (last line of defense)

RESISTANCE / TAKE-PROFIT ZONES

1. 70,000 – 70,450 → MA(7) + MA(25) → first real fight

2. 71,000 – 71,750 → previous high + round number

3. 73,000 – 73,500 → next major ceiling if we get real strength

4. 74,000 – 76,000 → stretch target (previous consolidation area)

SCALPING VIABILITY RIGHT NOW

Scalping is possible but tricky — we are in a tight range with low momentum.

Quick scalp setups (15m / 5m charts)

Long scalp idea

Entry: bounce off 69,300 – 69,500 with volume increase

Stop-loss: 69,050 – 69,100 (below current structure)

Targets:

  • - TP1: 70,000 – 70,200 (+0.7–1%)

  • - TP2: 70,400 – 70,600 (+1.3–1.8%)

Risk:Reward → ~1:2 to 1:3 if you catch the bounce clean

  1. Short scalp idea (higher risk right now)

Entry: rejection at 70,400 – 70,600 + bearish candle + volume spike

Stop-loss: 70,850 – 71,000

Targets:

  • - TP1: 69,800 – 69,900

  • - TP2: 69,400 – 69,500

Risk:Reward → ~1:1.5–2 (not amazing)

MY CURRENT LEAN

  • - Bias = Neutral → Slightly Bullish as long as we stay above 69,200

  • - Most probable next 12–24 hours = sideways grind 68.8k – 71k

  • - Real move usually comes after we break one side cleanly (above 70.5k or below 68.8k)

RECOMMENDED RISK MANAGEMENT

LONG position example

Entry: ~69,600–69,800

Stop-loss: 68,900 (below MA99) → ~1.0–1.2% risk

Take-profit layers:

  • - 50% at 70,800

  • - 30% at 71,750

- 20% trailing toward 73k if momentum kicks in

If you prefer to wait

Wait for either:

  • - clean break & close above 70,450 (bullish signal)

  • - clean break & close below 68,800 (bearish signal)

Bottom line

Not screaming bullish yet — but also not screaming bearish.

We are in no-man’s-land. Protect capital. Small size. Tight stops.

Scalps are fine if you’re fast and disciplined — but don’t force it.

What’s your plan — scalping this range, waiting for breakout, or sitting on hands? 🏴‍☠️