Bitcoin bottomed in the 57,000s and has since made four consecutive higher lows, and now sits in the mid-64,000s, right in the middle of a 62,000-67,000 box.
Three things overlap at 63,400-63,900: heavy volume showing sellers were exhausted at the bottom, the recovered one-month average price line, and the demand area where the last rally began.
A break of 62,100 would end the run of rising lows, so the stop sits just below it while the target is the top of the box at 66,900.
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.
