Bitcoin bottomed near 57,700 dollars and is now basing inside a 60,000 to 67,000 box, lifting each successive low a step higher as sellers steadily lose ground.
Five of six analytical lenses point up, and the fading downside pressure at the low, the pullback shelf above the recent trough, and rate-cut hopes all converge in the 63,000s.
If the prior low at 62,235 dollars breaks on a daily close, the rising-lows pattern is gone, which is exactly why the stop sits just underneath at 61,700.
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.
