So far $BTC has been rejected twice from the 68k resistance zone. But i have a feeling it will succeed soon, heres why:
Whales have exited the market, not too long ago we saw a transfer of around $53M worth of bitcoin moved from binance to an external wallet.
The buy volumes on the pumps are higher than the selling volumes in the aftersell, indicating strong bullish market control. The bears are taking profit out of fear, but soon all the profit takers would have exit.
Futures trading is at an all time low from the last 2 months, meaning there will be no more liquidity sweeps for playing a volatility trap for both bulls and bears. Its actually in the market controllers best interest to allow BTC to pump and gain traction again to let the bears short and the optimistic bulls take longs and increase liquidity to get more sweeps.
The wyckoff schematic is not confirmed yet until the 68k level is breached. In that case we can expect a new ATH at 80k by end of may before a proper bear market retreat to 50k, unless a war starts and people decide to move their money into assets. Because right now the DXY is actually at a steady uptrend, but with the US passing a bill of $60B in aid to ukraine, israel, and taiwan, confidence in the USD is gonna crash soon. Which also explains why Gold is hitting new records this year.