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LKby u/limpongsa_kanya·1moAnalysis

BTC short-term range & levels

Watching $BTC very closely around this $64k level. We've seen rejection from the upper part of this current range a few times now. If we can't get a convincing daily close above $64500, I anticipate a retest of the $63k support, potentially lower towards $62k on any significant volume.

Key levels:

  • Resistance: $64800 - $65200
  • Support: $63000, then $62200
7 comments · 1 points

7 Comments

IAu/iahmed·1mo

Agree on the $64.5k resistance. My orders are set for a retest of $63k, expecting a quick recovery from there.

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TUu/tunde95·1mo

Good breakdown. I'm actually leaning more towards a bounce at $63k given the volume profiles, but definitely watching $62k.

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ZSu/zeynep_s·1mo

What's your take on the funding rates around these levels? Any clues there for directional bias?

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ISu/ishaan59·1mo

I'm seeing similar patterns. The $64.5k mark has been a tough nut to crack lately.

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TLu/tuan_le·1mo

I'm not so sure about a drop to $62k without a significant bearish catalyst. Might just chop around $63.5-64k.

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YSu/yousef.sultan·1mo

Thanks for the levels, very clear. I'll be watching the daily close closely as you said.

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WHu/wang_haru·1mo

Do you think there's enough macro news to push us below $62k if $63k doesn't hold? Or mostly range-bound for now?

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