$BTC has done the hard part already. It reclaimed the 68k zone, pushed into 69k, and is now sitting right under a well-known supply area. From here, the market usually doesn’t give a straight answer. It gives tests.
Let’s talk through both paths.
Scenario 1: Pullback First, Then Expansion (Healthy Continuation)
This is the green-arrow scenario.
Price pushes into 69–70k, stalls, then pulls back toward the 67.5k–68k demand zone.

What to watch here:
The pullback should be slow, not impulsive
Wicks into support with quick recoveries are a good sign
No strong acceptance below 67.5k
If BTC dips, taps that zone, and holds, that’s not weakness. That’s liquidity recycling.
Why this matters:
Late longs get shaken out
Shorts jump in early
Strong hands absorb
That’s how fuel gets built for the next leg.
If this plays out cleanly, the market usually rotates back up and takes another run at 70k, with 72–73k coming back into play after.
This is the kind of pullback you want to see in an up-move.
Scenario 2: Immediate Push Up, Then Sharp Rejection (Bull Trap Risk)
This is the red-arrow scenario.
BTC pushes straight into the 70–71k resistance band without resetting, without cooling off.

What to watch:
Long upper wicks near 70–71k
Volume spike without follow-through
Fast rejection back below 69k
If price gets rejected hard from that upper box and drops back into the range quickly, it usually means supply is still active up there.
In that case:
Market goes back into range trading
Chop increases
Direction gets delayed
This doesn’t mean a crash. It just means more time, more frustration, more fake moves.
Right now:
Trend is not broken
Momentum is okay, not explosive
Structure is rebuilding, not expanding
BTC already did the panic move to 60k. It already reclaimed 65–63k like expected. Now it’s testing whether buyers are strong enough to keep price above reclaimed levels.
Strong markets:
Hold reclaimed zones
Pull back shallow
Don’t give back structure easily
Weak markets:
Break up, fail fast
Can’t hold retests
Give back gains quickly
So far, BTC is behaving like the first, not the second.
How I’d Treat This:
Above 68k: bias stays neutral to bullish
Acceptance below 67.5k: step back, let it show hand
Clean hold + momentum: then we talk continuation
This is not the moment to force trades. This is the moment to observe behavior, not predict candles.
Let price confirm. Let structure do the talking.
Markets don’t pay impatience. They pay positioning.
Stay sharp.