$BTC Short-Term Outlook: Key Zone in Play 📊
BTC
67,941.4
+1.23%
Bitcoin is currently trading around 69,000 after a sharp rejection near the 70,000–70,500 resistance zone, showing sellers are still active at higher levels. On the 15m chart, price is forming a short-term consolidation with higher lows from the recent dip near 68,000, suggesting buyers are trying to defend this support. If BTC holds above 68,500, a rebound toward 69,800–70,500 is possible, while a breakdown below this zone could open the door for another move toward 67,800.
Trade Setup
Entry: 68,700 – 69,100
Target 1: 69,800
Target 2: 70,400
Stop Loss: 67,900