BULLISH
BTC BULLISH · 1h
ENTRY63,560~63,790TARGET64,700STOP63,240
In 3 lines
- Bitcoin bounced off the 62,300 area and has climbed back to 64,100, but the 65,000 region has repeatedly capped every rally this month.
- A short-term average price line, an unfilled gap left behind by the sharp rally, and the last defended low all stack up between 63,560 and 63,790.
- If an hourly candle closes below 63,240, the pattern of rising lows breaks down, which is exactly why the stop sits just beneath that level.
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