$BTC Update – Short-Term Structure Tightening
BTC trading around 67,100 on the 5m chart, down ~2.4% on the day.
Key observations:
• Intraday low formed near 66,369
• Recent lower high around 67,424
• Price currently hovering near MA cluster (MA7 / MA25 compression)
• 99 MA still trending downward — short-term pressure remains
Volume shows a bounce attempt, but follow-through is limited so far.
For bulls: Holding above 66.7k–66.8k keeps short-term structure intact.
For bears: A clean loss of 66.7k opens room back toward intraday lows.
Market is compressing — expansion likely soon.
Manage risk accordingly.
