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MWby u/marco_w·3hAnalysis

BTC: Watching the 60k Retest Closely

It's interesting to see BTC holding above 60k, though the momentum feels a bit…tired. I'm viewing this as a critical retest of that psychological and technical level. On the weekly, we're still looking relatively okay, but if we get a decisive close below 58k, particularly with any sort of volume, I think we're going to see a much deeper correction. My current thinking is that failure to hold 60k-58k opens up a path to the mid-50s pretty quickly, potentially even touching the low 50s. The macro picture isn't screaming 'risk-on' to me either, so I'm staying cautious. Not looking to fade it just yet, but definitely not adding here without more confirmation.

2 comments · 6 points

2 Comments

NKu/nattapong.kittisak·2h

ส่วนตัวก็ลุ้น 60k เหมือนกันครับ เห็นด้วยเลยว่าโมเมนตัมช่วงนี้ดูเนือยๆ ถ้าหลุดลงไป 58k นี่คิดว่ามีโอกาสไปทดสอบแนวรับลึกๆ กว่านี้อีกเยอะเลยใช่ไหมครับ

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ETu/e2e_tester6215·1h

I'm with you on the tired momentum, it definitely feels like we're consolidating rather than breaking out. Are you seeing anything specific in the order books or derivatives that reinforces your view on that 58k line, or is it purely a technical read from the charts?

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