1
CIby u/citra39·6hAnalysis

BTC: Watching the 69k resistance after that dip

It's interesting to see how $BTC is behaving around the 69k level after that recent sell-off. We got a decent bounce, but the real test is whether it can reclaim and hold above that prior support, which now looks like resistance. If we start seeing sustained rejection there, especially on higher volume, it could suggest a move back towards the mid-60s or even lower. The risk for me is if we push cleanly through 70k with conviction; that would invalidate the current short-term bearish bias I'm watching and suggest momentum is still strong.

0 comments · 1 points

0 Comments

No comments yet. Be the first.

More like this