Bitcoin tests $68,287 resistance as short-term recovery extends toward upper range

Bitcoin traded at $67,778.9 with a 1.11% gain over the past 24 hours, fluctuating between $65,733 and $67,924 as it rebounded toward the top of its recent range. On the 4-hour chart, BTC moved above the 0.382 Fibonacci retracement at $67,661 and is now testing the 0.5 level at $68,287, with further resistance near the 0.618 retracement around $68,914. Crypto analyst Ali Martinez highlighted BTC's break above $67,400 as a short-term bullish sign, noting $68,900 as the next upside level, with additional targets at $69,800, $70,800, and $71,600.