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Everyone is getting bullish right below a major resistance. 👀
BTC is approaching 66.7K–68K, where several technical signals are converging:
• 4H MACD nearing a bearish crossover
• RSI approaching overbought
• Fibonacci 0.618 + previous swing high = strong resistance
The risk/reward for fresh longs is becoming unattractive.
I’m not blindly shorting. I’ll wait to see how price reacts at resistance.
📉 Rejection + weak momentum = potential short setup.
📈 Strong volume breakout above 68K = no trade. Buyers win, and I’ll wait for the next opportunity.
React to price. Don’t predict it.
Do you think BTC rejects here, or breaks above 68K? 👇
#Bitcoin #BTC