$BTC 24h Price Movement Forecast

Current Price Reference: 69,381

Macroeconomic Factors: There is currently no clear one-sided trend in the macroeconomic landscape, and volatility is likely to amplify as event windows approach. My conclusion will be based on whether key price levels are held or broken.

Multi-period chart analysis:

4H: Oscillating (Structure determines the overall direction)

1H: Bearish (Determines today's main trading range)

15m: Bearish (Determines whether to follow the trend/pullback)

5m: Bearish (Determines entry triggers and true/false breakouts)

Today I'm only focusing on two price levels:

Key resistance level R: 70,517 (A break above this level followed by a pullback without breaking it confirms a bullish bias)

Key support level S: 68,923 (A break below this level followed by a pullback without breaking it confirms a bearish bias)

24h two scenarios (based on confirmation):

Bullish scenario: A valid break above R followed by a pullback confirming it → Initial target around 70,742, with a stronger target around 71,506. Be aware of pullbacks after rallies.

Bearish scenario: A valid break below S followed by a pullback without breaking it → Initial target around 68,524, with a weaker target around 67,930. Acceleration is likely.

Invalid condition: If the price fluctuates between R and S, treat it as range-bound trading (avoid chasing highs and lows in the middle of the range).

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