🚨 Listen Carefully Everyone $BTC 's Next Move Could Decide the Entire Market.
Bitcoin has recovered from the June crash low near $59K, but the chart is not bullish yet. What we're seeing now is a relief rally directly into a major resistance zone.
The red zone around $67K–68K is the key level.
Why does it matter?
Because this was the breakdown area that triggered the sharp selloff. Markets often revisit these zones before deciding the next major direction.
Scenario 1 — Bullish
If BTC reclaims $68K on the 4H timeframe and starts holding above it, sellers trapped from the breakdown may be forced to cover. That opens the door for a move toward $72K+ and shifts market sentiment back in favor of buyers.
Scenario 2 — Bearish
If BTC gets rejected from $67K–68K, the current bounce becomes nothing more than a dead-cat rally. In that case, a retest of $60K–61K becomes increasingly likely.
My Current Bias
📊 Neutral-to-bearish below $68K
The trend remains lower-highs and lower-lows since the May peak. Until Bitcoin reclaims the breakdown zone, bulls still have something to prove.
The biggest mistake traders make here is assuming a bounce equals a trend reversal.
Right now, BTC is approaching the level that matters most.
Watch $67K–68K closely. The reaction there will likely determine Bitcoin's next major move. 🔥
$H Short was successful 🔻
$CLO Short running 🔻
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