BTC BULLISH · 4h

In 3 lines

• Bitcoin found a floor near $62,200 twice, bounced from it, and is now hovering around $63,500 while it decides which way to go.
• Several signals stack at that same floor: selling dried up there, the rebound carried 3-4x normal volume, and downward force faded as price slipped.
• So if that $62,200 floor gives way, the read is simply wrong — which is exactly why the stop sits just beneath it, at $61,950.