$BTC Market Read

BTC finally caught a reaction from the 59,130 zone after a heavy daily selloff. The bounce is decent, but the price is still below the broken structure, so bulls need to prove strength above 64,500 to 65,000 before calling this a proper reversal.

Right now, this is more of a controlled relief bounce. Good for a setup, but not a place to get too aggressive until confirmation comes in.

Entry: 62,200 to 63,400

SL: 58,700

TP1: 65,000

TP2: 68,200

TP3: 72,000

The clean level to watch is 65K. Flip that into support and BTC can stretch higher. Lose 58.7K, and the market likely hunts lower liquidity again.

Not financial advice.

#BTC