Bitcoin (BTC) is testing a critical resistance level at $68,287, following a rebound within its daily trading range. Currently priced at $67,778.9, BTC has gained 1.11% over the past 24 hours, reflecting a steady short-term recovery. The cryptocurrency's intraday price action has fluctuated between $65,733 and $67,924, indicating moderate volatility. On the 4-hour chart, Bitcoin has surpassed the 0.382 Fibonacci retracement level at $67,661, shifting focus to the 0.5 Fibonacci level at $68,287. A decisive close above this level could signal further gains, with potential targets at $68,900 and beyond. However, the ADX reading of 13 suggests weak trend strength, increasing the likelihood of consolidation unless momentum strengthens. Despite short-term gains, Bitcoin remains under broader pressure, with declines of 23.26% over 30 days and 41.26% over 180 days. Traders are closely watching for a sustained move above current resistance levels to confirm a broader reversal.