🚨 BTC Update: Breakout or Rejection?
Bitcoin is currently showing signs of recovery after a strong dump. Price is approaching a key resistance zone around 66.8K – 67K.
📊 What I’m Watching:
RSI is near 62 → bullish momentum building
Bullish divergence spotted → possible reversal signal
Price testing trendline resistance
📈 Scenarios:
🔹 Bullish Case:
If BTC breaks and closes above 67K with strong volume →
Next targets: 67.5K – 68.2K
🔹 Bearish Case:
If price gets rejected here →
Possible drop back to 65.5K support zone
💡 Trade Idea: Wait for breakout + retest confirmation before entering. Avoid chasing.
⚠️ Market is still in a short-term downtrend, so fake breakouts are possible.
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BTC
65,818.85
-0.93%