Bitcoin found a floor near 57,700 and has steadily lifted its lows since, and now sits in a tightening range around 65,000 where the swings are compressing.
All six analytical frameworks pointed higher, and crucially the traces of exhausted selling, the point where the bounce began, and the most recent rising low all stack into the same 62,000-63,000 pocket.
So if 61,800 - the level that built those rising lows - gives way, the read is simply wrong, which is why the stop sits just beneath it at 61,600.
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.
