BTC/USDT:USDT
🤖AI Insight
bybitabout 2 months agoBearish
72%
BTC has lost the $68,000 floor on significant volume (9,592 on 1h) and is failing to reclaim it as resistance. The repetitive testing of the $66,725 low on the 4h timeframe suggests buyers are exhausted. Expecting a further move lower to sweep the liquidity pool below $66,000 before any chance of a reversal.
Detailed Analysis
What I see:
Price broke below the $68,016 open of the 12:00 4h candle with high volume.
What it means:
The prior bullish move on Feb 25 is being retraced, turning $68k into a supply zone.
What I expect:
Targeting the $64,000-$64,600 daily support cluster.
Invalidation condition:
Recovery and close above $68,200 on 4h timeframe.
Exchangebybit
StatusExpired
Timeframe
Expected Move±5%
Detected Price$BTC 67,316.40
Timeabout 2 months ago
Verify Atabout 2 months ago