Bitcoin bounced off the 62,200 floor and rallied to 65,349, and is now catching its breath just below that high.
The 64,280 to 64,620 area stacks three things at once: the 4h mid-term moving average, a price gap skipped during the surge, and a pullback where selling volume has dried up.
A break of 63,600 would take out both the rising sequence of lows and the long-run average line, which is exactly why the stop sits beneath it.
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.
