$BTC Slips Below 69k Key Level

failed to reclaim 70k and price continues to show weakness after getting rejected back into the range.

We saw a clear rejection at 70k, which previously acted as support and is now flipping into resistance. Price is now trading back inside the lower part of the range and momentum is starting to shift bearish.

Market still looks unstable here and a move toward the 65k region remains very possible in the short term. The current structure is beginning to form lower highs, suggesting supply is stepping in on every bounce.

If we continue to build supply around 67.5k to 68k and fail to reclaim that zone, there is a high probability price continues lower. Below this area, the next major liquidity sits around 65k, and losing that level could open the path toward the 62k to 60k or even make new lows.

For now, the key level to watch is the 67.5k to 68k reclaim. As long as BTC stays below that area, downside pressure remains in play.

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