Dear traders
#BTC $BTC is currently trading around $67,754, and after the recent sharp drop toward 64.9k, the market is now showing a short-term recovery bounce. That bounce came after a strong liquidity sweep on the downside, which usually brings temporary relief in price.
From the structure, BTC is still in a short-term bearish trend, making lower highs after the rejection from the 72k zone. This current move up looks more like a relief bounce rather than a confirmed trend reversal.
Right now the key level to watch is 68,500–69,200 resistance. This zone previously acted as support and now ca