Bitcoin is trading at $66,989 with a modest +0.30% daily gain, but showing clear bearish momentum on the 15-minute timeframe. Despite the positive daily performance, recent price action reveals a gradual decline from the $67,033 high, with the last 15 candles forming a descending pattern. Volume remains normal at 599M USDT, suggesting consolidation rather than aggressive selling.
Immediate support sits at the 24-hour low of $66,508, which becomes critical to hold for bulls. The $67,000 psychological level is acting as near-term resistance after multiple failed attempts to break higher. Trade bias leans cautious-bearish for scalps, but the tight $862 daily range suggests a breakout is brewing - watch for volume expansion on either side of the range.
