Bitcoin is currently showing a mild bullish recovery, with higher lows forming along a rising trendline. However, price remains capped under key resistance levels, keeping the market inside a lower-high structure.
This suggests resistance remains strong until a confirmed breakout occurs.
📈 Market Structure Insight
• Short-term Trend → Mild bullish recovery
• Structure → Higher lows forming
• Resistance → Still controlling price
• Market Phase → Consolidation before breakout
👉 Bias: Breakout-dependent
🔴 Resistance Levels
67,366 – 67,500 → Immediate resistance
Key breakout trigger zone.
68,500 – 68,630 → Major resistance
Next upside liquidity target.
69,200 – 69,560 → Strong supply zone
Major rejection zone.
🟢 Support Levels
66,450 – 66,500 → Strong demand zone
Primary support cluster.
65,923 – 66,000 → Structural support
Key reaction level.
65,300 – 65,400 → Lower support base
Major downside target.
🎯 Trade Bias Scenarios
🟢 Bullish Scenario
Trigger: Break and hold above 67,500
Upside Targets:
68,500
69,200
69,560
🔴 Bearish Scenario
Trigger: Break below 66,450
Downside Targets:
66,000
65,300
64,800
📌 Conclusion
Bitcoin remains in a compression phase, where both support and resistance are tightening. A decisive break above 67,500 or below 66,450 will likely determine the next strong directional move.
For demo trades and market insights : https://t.co/ELFbqwE38H
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