BEARISH

BTC BEARISH · 4h

ENTRY64,120~64,400TARGET63,150STOP64,780
BTC chart

In 3 lines

  • Bitcoin has been boxed between roughly $63,000 and $65,000, and for two months each rebound has topped out a little lower than the one before it.
  • The $64,100~$64,400 band stacks the one-year average price line, the last rebound high and an unfilled gap from the recent sell-off into one thick wall.
  • If a daily close pushes above $64,800, just over that band, the falling pattern is broken — so the stop sits exactly there.

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