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Once again, euphoria showing up at the range highs, human behaviour never changes.
Price remains range-bound. A deviation above the range is still possible, but the expectation remains for continued chop until the 60K liquidity is swept.
External Range Liquidity to the upside = short zone, even if price extends into the 76–78K region before moving lower.
$BTC 1D 📌💬Check Top Post In Profile For Daily Trades With Me💬📌 Lots of excitement over a low volume news driven move. Not to mention we’re rejecting HTF resistance once again.
I have a saying and it’s “news based moves completely retrace back to where they started”
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BTC got rejected from the upper resistance zone and is now testing support around 68.8K. A breakdown from here could send price toward the lower channel near 66.5K–66K.
Overall Bias: Short-term bearish unless BTC reclaims the resistance area.
#Bitcoin has encountered a precise rejection at the $70,000 horizontal resistance 📉 📌💬Check Top Post In Profile For Daily Trades With Me💬📌 A successful 4H candle close above $70,000 will initiate a significant upward movement 🔼
Otherwise, the price is expected to retrace to the $67,000 support level 🧊 $BTC
💰 $BTCUSDT — 4H Analysis 🗒😎 Market has shown a strong pump during weekend but now showing weakness 🔴 We are trading at 69k$ Strong Supply Zone and sellers are active here 📊 This kind of weekend pumps are usually traps😡, pressure is building on the downside📉 📌Below 69k = sellers in control 📌Supply level at 69k$ Breaks = Quick pump possible Downside targets are 65600$,64500$,63k$ 📉 Upside if 69k Breaks Targets can be 71k$ — 73k$🕯 Late longs could get trapped ✅ No confirmation, no trades 📢 $BTC