$BTC
1H time frame analysis
- I expect the price to range or bounce between support and resistance until liquidity is swept on either side. A move below 65,118–64,235 followed by a sharp bullish reversal would provide the cleanest long entry, targeting 68,199 and 69,988.
- If instead price pushes above 69,988 and shows rejection, it could be a great opportunity for a reversal short down to 66,249 or lower support.
- Confirmation is key: wait for clear wicks, engulfing candles, or lower timeframe reversal structures before entering.
- Stop-loss should always be tucked under the most recent swing low for longs, or above the most recent swing high for shorts to stay safe.