$BTC HOLDING ABOVE 68K – BREAKOUT OR REJECTION?
Bitcoin is trading around 68,135 after a steady push higher. Price is consolidating just below the 68,400 resistance zone, building pressure for the next directional move.
Market Insight:
Holding above 68,000 keeps short-term momentum bullish. A confirmed breakout above 68,400 can trigger continuation toward 69K–70K liquidity. Losing 67,600 would shift structure toward a deeper pullback.
Entry:
Pullback: 67,800 – 68,100
Breakout: Above 68,400
Targets:
TP1: 68,400
TP2: 69,000
TP3: 70,000
Stop Loss:
Below 67,600 (structure invalidation)
Key Levels:
Support: 68,000 – 67,600
Resistance: 68,400 – 69,000
Pivot: 68,100
Pro Tip:
Bitcoin often consolidates tightly before expansion. If volume increases near 68,400, expect volatility spike. Manage risk carefully around breakout attempts.