BTCUSD Intraday Compression – Preparing for Volatility Expansion

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BTCUSD Intraday Compression – Preparing for Volatility ExpansionBitcoin / U.S. dollarBITSTAMP:BTCUSDk7m7vzworj2Bitcoin is trading inside a narrowing price structure following its rebound from the 67,000 region. The current consolidation between 67,850 and 68,200 indicates equilibrium between buyers and sellers. The series of slightly higher lows suggests underlying demand, but price has yet to break above key supply near 68,200. If buyers gain control and price stabilizes above 68,250, continuation levels to watch are: 68,800 69,000 – 69,100 69,400 69,800 If instead the lower boundary fails near 67,850, retracement levels may include: 67,450 67,000 66,500 As long as price holds above the 67,000 base, the broader intraday structure remains relatively stable. The next directional move will likely be determined by how price reacts at the compression boundaries.