$BTC is holding around $63K after bouncing off the $61K support zone.
I called this earlier — the move up looked weak internally, and I still believe a retracement is coming. That's why I locked in profits on half my position while keeping the rest open in case we push higher.
The level I'm watching right now is the monthly high at $64.2K. There's a liquidity cluster sitting just above current price, and we all know how Bitcoin loves to hunt liquidity before reversing. A sweep of that high before a pullback is very much on the table.
If price taps that zone, I'll be looking for short-term scalp shorts.
With FOMC on June 17, I have a feeling that date could print a local top. My base scenario: a dip back into $61.2K–$62K first, then a push toward $66K heading into the event. But nothing is certain in a range market like this.
For active scalpers though — these conditions are actually ideal. Clean levels, clear risk/reward.
On the downside, there's a heavy liquidity zone between $58K–$60K. I don't think we go there immediately, but once the liquidity above gets cleared, that area becomes the next target.
The $56K–$60K range is where serious bid support lives. If we revisit it, I'll be sizing into larger longs. Strong demand zone, expect a meaningful reaction there.
For now my current long is risk-free — I'm just watching and waiting. Pullback comes → fresh longs. Push into monthly high → flip the script and look for shorts.
Patience is the trade. 🎯
