Bitcoin price remains under pressure after rejection at range mid-resistance near $68,000, increasing the probability of a corrective move toward $60,000 support.
Summary
- Bitcoin rejected key range mid-resistance near $68,000, maintaining bearish structure
- Weak volume confirms relief bounces lack bullish conviction
- Price has higher probability of rotating toward $60,000 range low support
Bitcoin (BTC) price action continues to show signs of structural weakness following a rejection from the midrange, reinforcing the ongoing bearish market environment. After attempting to stabilize within the broader range, Bitcoin failed to reclaim a key resistance region near the point of control (POC) around $68,000, a level that has repeatedly dictated market …
