$BTC Resistance Rejection, Weak Structure
Bitcoin faced rejection from the upper trendline and is now testing support near 70,500. Sellers are active at higher levels, and momentum is slowing down.
If 70,500 breaks, next supports are 67,000 and 65,000. Market structure shows lower highs, keeping trend weak. BTC is still moving in a range, so better to wait for a clear breakout or breakdown before taking trades.
Click below to Take Trade
Bitcoin faced rejection from the upper trendline and is now testing support near 70,500. Sellers are active at higher levels, and momentum is slowing down.
If 70,500 breaks, next supports are 67,000 and 65,000. Market structure shows lower highs, keeping trend weak. BTC is still moving in a range, so better to wait for a clear breakout or breakdown before taking trades.
Click below to Take Trade