$BTC USDT PERP — Market Overview
Bitcoin executed a sharp liquidity sweep down to 65,718.5 before staging a structured rebound. Buyers stepped in aggressively from the demand zone, shifting short-term momentum back to bullish on the 1H timeframe. Price is now compressing just below intraday resistance after printing a sequence of higher lows.
Currently trading around 67,855, BTC is attempting to build acceptance above the 67,500 pivot. Volume recovery supports the upside push, signaling accumulation rather than a weak relief bounce. A sustained hold above this zone increases probability of a continuation move toward upper liquidity.
Key Levels in Play
Resistance: 68,660 — 69,260
Support: 67,100 — 66,320
Trade Plan
EP: 67,400 — 67,900
TP: 68,660 / 69,260
SL: 66,900
Outlook
As long as Bitcoin holds above the 67,100 structure support, bulls maintain short-term control. A breakout and acceptance above 68,660 will likely trigger momentum expansion toward the prior swing high liquidity. Losing 67,100 may invite a deeper retrace before the next directional move.
