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BTC: Watching the $60k level closely for a breakdown
It seems to me that $BTC has struggled to hold above $60k, with several rejections in the past weeks; a sustained break below that level could signal a deeper correction. My concern would be if we see a quick bounce and then another rejection from $60k, which might invalidate the bullish structure I'm still trying to see here.
1 comments · 1 points
The rejections around $60k are definitely concerning, but I'd be more focused on the weekly close. A clean close below that level would confirm more than just intra-day wicks.