Bitcoin has been trapped in a 62,200-66,900 box for over two months, and right now it sits at 64,560, almost exactly in the middle of that box.
Its lows have stepped up from 57,700 to 62,200, and near 63,000 selling pressure that has run dry overlaps with fading downward force.
That makes 61,600 the line that matters: a daily close beneath it breaks the pattern of rising lows and proves this call wrong, so the stop sits there.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
