🚨 $BTC Rejected Again — Is $68K About to Crack?



Bitcoin is trading at $68,385 after another failed attempt to reclaim the $71K–$72K supply zone.

Price tapped resistance → immediate rejection → back into mid-range.

This is now a clear lower-high reaction inside overhead supply.

📊 Structure Breakdown

• Major resistance: $71,300 – $72,300
• Current price: $68,385
• Immediate support: $67,200
• Breakdown level: $66,000
• Major liquidity pocket below: $64K region

Price is compressing under resistance — but momentum is fading.

If bulls were strong, $71K would have been reclaimed already.

🧠 What This Means

The structure is turning reactive:

Repeated rejections at supply

No strong volume expansion on break attempts

Lower highs forming intraday

Unless BTC reclaims $71K with conviction, the probability shifts toward:

➡️ Sweep of $67K
➡️ Acceleration toward $64K liquidity

🔥 Scenario Map

Bullish case:
Daily close above $71.3K → continuation toward $74K

Bearish case:
Loss of $66K → momentum breakdown → fast move to mid-$60Ks

Right now?
Momentum favors caution.

Bitcoin must choose its direction soon.

#BTC #Bitcoin #Crypto #GateSquare$50KRedPacketGiveaway #CelebratingNewYearOnGateSquare
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HighAmbitionvip
· 02-17 06:59
To The Moon 🌕
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