Wait.. wait… wait..
See this $BTC – Rejection From Local High Signals Short-Term Weakness 📉
BTC faced a clear rejection near the 70.3K zone, followed by consecutive bearish candles on the 4H chart, showing strong seller presence. After a sharp push from 66K, price failed to sustain momentum and is now forming lower highs, indicating a potential short-term trend shift.
Currently trading around 68K, BTC is struggling to hold above this level as selling pressure continues to build. If price loses this zone, we could see a move back toward 67K–66.5K support.
However, if bulls manage to reclaim 68.7K–69K, a recovery toward the highs is still possible. For now, momentum favors sellers, and the market looks set for either further downside or a liquidity sweep before reversal. 🚀
