Bitcoin has rebounded from July's low near $57,700 to $64,800, but it keeps getting turned away each time it approaches the $65,000 threshold overhead.
At $63,900-$64,250 the 4-hour average price lines, the zone where this rally began, and the gap left by the recent surge all overlap — all six lenses agreed.
If $63,400 gives way, the pattern of steadily rising lows is broken, so the stop sits just beneath it — the point where we accept the read was wrong.
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.
