BTC/USDT: Descending Trendline Rejection & Liquidity GrabBitcoin / TetherUSBINANCE:BTCUSDTmelikatrader94Hi! Bitcoin recently attempted a breakout above the $68,400 level, but the move was quickly "engulfed," creating a classic Bull Trap. Price is currently reacting to the $65,729 (QML) pivot. Key Price Levels Resistance Zone (Blue): $66,800 – $67,600 (Potential Lower High) Immediate Support (Green): $64,500 – $65,250 Primary Target: $63,900 Final Target: $62,700 The coin suggests a short-term bounce (blue arrow) toward the $67,200 supply zone. If price fails to reclaim the descending trendline there, a bearish continuation (red arrow) toward $63,900 is the high-probability play. Sentiment: Bearish unless we see a 4H candle close above $68,500.