📉 $BTC Short-Term Outlook: Key Zone in Play 📊

Price: 68,969.35 (−2.03%)

Bitcoin is testing 69,000 after rejecting the 70,000–70,500 zone. Sellers remain active at highs, but short-term support near 68,500–68,700 is holding.

On the 15m chart, price is consolidating with higher lows from the recent dip near 68,000, signaling buyers are defending this area.

Scenario:

Bullish: Hold above 68,500 → rebound toward 69,800–70,500

Bearish: Breakdown below 68,500 → move toward 67,800

Trade Setup:

Entry: 68,700 – 69,100

Target 1: 69,800

Target 2: 70,400

Stop Loss: 67,900

Short-term momentum is key — watch this zone closely for either continuation or breakdown.

BTC
BTCUSDT
65,919.9
-0.15%

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