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:
I'm seeing similar patterns. The $64.5k mark has been a tough nut to crack lately.
Thanks for the levels, very clear. I'll be watching the daily close closely as you said.
I'm not so sure about a drop to $62k without a significant bearish catalyst. Might just chop around $63.5-64k.
What's your take on the funding rates around these levels? Any clues there for directional bias?
Do you think there's enough macro news to push us below $62k if $63k doesn't hold? Or mostly range-bound for now?
Agree on the $64.5k resistance. My orders are set for a retest of $63k, expecting a quick recovery from there.
Good breakdown. I'm actually leaning more towards a bounce at $63k given the volume profiles, but definitely watching $62k.