#BTC Market Analysis
BTC is at 68,423 on the daily, pressing right into the year long descending trendline from the October highs, with price finally testing the ceiling that's rejected every rally since May.
Bull case: clear 68,423 and break the trendline, opening a path back toward 73,000 and 79,000.
Bear case: reject here and fade back toward the rising trendline support near 61,500.
Trendline finally breaks, or another rejection here?
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Bitcoin Bullets® Trading
August 19, 2026 42 1
