$BTC /USDT: Bitcoin Rejection - Rally Fading?
+1.74% today = losing momentum. -7.32% weekly, -25.74% monthly. Pumped to $68,299, rejected to $68,079.74.
The Play:
📉 SHORT Zone: $68,200-$68,400 (rejection zone below 24h high)
🎯 Targets: $67,800 | $67,500 | $67,000
🛑 Stop: $68,850
OR if breakout:
📈 BUY Zone: $68,000-$68,079 (support hold)
🎯 Targets: $68,400 | $68,834 (24h high) | $69,000
🛑 Stop: $67,500
Key Levels: Volume 1.76B USDT. Failed at $68,299 - rejection wick forming. Above both MAs = bullish short-term. BUT massive damage: 90-day -30%, 180-day -41%, 1-year -28%.
Pump stalling at $68,300. Losing steam.
⚠️ DYOR - BTC up +1.74% today but don't get fooled. Down -7% weekly, -25% monthly. Rally from $66,670 to $68,299 getting rejected. If BTC can't hold here, altcoins will bleed harder. Watch $67,800 support - break below = dump resumes. This recovery needs volume to sustain or it's another bull trap.
Risk Level: MODERATE 🔥
#BTC #Bitcoin #BTCUSDT #CryptoTrading
