Bitcoin bottomed near $57,700 and has since carved steadily higher lows, and it is now catching its breath around $63,600.
Five of six analysis methods point up, and $62,300-62,900 is where the prior low, the lower volatility band and fresh buying interest all stack together.
If $61,300 gives way, the pattern of rising lows is simply over, so that is exactly where the stop sits and we cut without hesitation.
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.
