Bitcoin price rejects from range high as bearish structure threatens drop below $60,000
Bitcoin price has faced clear rejection near $69,000 resistance, reinforcing range-bound conditions and weakening short-term momentum. Loss of key volume support now increases the probability of a move toward $60,000.
Bitcoin (
$BTC ) price action remains confined within a broader trading range, with recent attempts to test the upper boundary failing to gain traction. The rejection near the value area high signals that buyers lack the strength to sustain a breakout, shifting short-term bias back toward the