BEARISH
BTC BEARISH · 4h
ENTRY63,400~63,900TARGET62,235STOP64,300
In 3 lines
- Bitcoin has been sliding since it was rejected near $67,000, making a lower high on every bounce and holding below the $63,000 line.
- Four average-price lines bunch at $63,400-$63,900, where the last failed bounce and leftover unsold supply also sit — that overlap is where we sell.
- If price climbs above $64,300, that resistance band has broken and the bearish read is simply wrong, which is exactly why the stop sits there.
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