BTCUSD Support Retest Strategy: Identifying High-Probability ShoBitcoinOANDA:BTCUSDGold_Market_MindBTCUSD 15M Bearish Setup Analysis BTCUSD is currently showing signs of weakness after failing to hold above the recent intraday high near 67,250–67,300. Price has retraced back into a key support zone around 66,950–67,000, which is now acting as a decision area. Bearish Scenario The chart suggests a support retest around 66,972. If sellers defend this zone and price fails to reclaim the recent high, bearish momentum could accelerate. A break below short-term support may trigger further downside toward the target area. Key Levels Entry Zone: 66,950 – 67,000 Stop Loss: 67,790 Target: 64,283 Risk-to-Reward: Approximately 1:3.5 Technical View Market structure shows a rejection from higher prices after a strong bullish impulse. Lower highs are beginning to form on the 15-minute timeframe. A confirmed break beneath support would strengthen the bearish outlook and favor continuation toward the lower liquidity zone near 64,300. Trading Idea Traders may watch for bearish confirmation (rejection candles, lower highs, or support breakdown) around 66,950–67,000 before considering short positions. A move above 67,790 would invalidate the bearish setup. Bias: Bearish 📉 Target Zone: 64,283 Invalidation: 67,790