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Monday midday BTC outlook: Continue bearish, follow the trend.
Bearish structure persists, don't rush to catch the bottom.
After BTC spot broke below 68k, currently oscillating in the 67,700–68,000 range. Weekend low of 67,370 confirms weakness, rebounds lack strength, and buying support is insufficient.
Technical analysis bearish:
4h Bollinger Bands opening downward, moving averages in bearish alignment, lower band exerting pressure
Hourly chart showing continuous red candles since being pressured at 71k, weak momentum, RSI rebound from oversold zone not strong
Midday trading suggestions:
Target: First watch 67,000–67,300
If 67,500 breaks, follow the trend and short.
Shorted at 68,800 this morning, already gained 1,400+ pips;
Some are observing, others have already taken profits.
Clear levels, opportunities are in sight. Execution determines results.
Market waits for no one, trade cautiously. $BTC