🚨 BTC/USDT @ $68K – Bounce or Breakdown Incoming?

BTC hovers near $68,000, showing mixed signals on multiple timeframes. Let’s dissect 👇

📊 1H Overview

Price: Rejected at 68.6K resistance

EMA Cluster (7/25): Currently holding

RSI ~44 → Neutral, slight bearish bias

MACD: Negative, bears not gone yet

➡ Bias: Weak consolidation. Bulls need a clean reclaim above 68.5K to resume momentum.

⏱ 15M Short-Term

Tight range: 67.8K – 68.2K

EMAs compressing → Breakout imminent

RSI ~47 → Neutral

MACD slightly recovering

⚡ Key Levels to Watch

Bullish Breakout: Hold 68.2K – 68.5K → Target 68.8K+

Bearish Breakdown: Below 67.8K → Drop to 67.5K / 67.3K

💡 Current action resembles accumulation, not a strong trend.

Scalpers: Wait for breakout confirmation

Swing Traders: Watch for 1H structure shift

🔥 Question for Traders:

📈 Will BTC push 69K next?

📉 Or sweep 67.5K liquidity first?

#BTC #Bitcoin #CryptoTrading #TechnicalAnalysis #cryptosignals