bitcoin go to the tp off the sell
Scenario 1 – Corrective Rally then Rejection (Preferred)
As long as the current support remains intact, Bitcoin could extend its corrective recovery toward the highlighted resistance zone around 67.5k–70.5k. This area represents a strong confluence of resistance factors, including the long-term descending trendline, the previous supply zone, and key Fibonacci retracement levels. If sellers defend this region, a bearish rejection could trigger another impulsive decline, opening the door for a move toward lower support levels, with the 0.707 Fibonacci level around 53.9k acting as a major downside target.