BTC/USD Range Compression – Bearish Pressure Below ResistanceBitcoin all time history indexINDEX:BTCUSDGold_Market_MindTC/USD Intraday Analysis (15M) Market Structure: Price is currently ranging after a sharp bearish breakdown from the previous structure (clear break of resistance → shift to bearish momentum). Consolidation is forming inside a tight range (66,600 – 67,300), indicating accumulation before the next move. Key Zones: Resistance: 68,200 – 69,000 (major supply + previous rejection zone) Support / Buy Zone: 66,000 – 66,400 (strong demand area holding multiple times) Current Behavior: Price is compressing near mid-range with weak bullish attempts. Supertrend + structure still favor downtrend continuation unless resistance is reclaimed. Scenarios: 🔴 Bearish Scenario (Higher Probability): Rejection from 67,200–67,500 Breakdown below 66,600 Targets: TP1: 66,000 TP2: 65,500 TP3: 64,800 🟢 Bullish Scenario (If Breakout Occurs): Strong breakout above 67,500 Momentum push toward: TP1: 68,200 TP2: 68,800 Key Insight: Market is in a range within a larger bearish trend → fake breakouts likely. Best approach: trade extremes (support/resistance), avoid middle zone entries.