📊 $BTC / $USDT — 1H Range Analysis
As mentioned yesterday — below $63,300 we are bearish, and that's exactly what played out.
Price faked out above local resistance, swept stops, and got immediately rejected. Textbook range behaviour.
🔑 Key Levels:
• Range High: ~$64,800
• Breakdown Level: ~$63,300 (now resistance)
• Range Low Target: ~$60,200–$60,500
📉 The play: Expecting one more leg down to tap the range low before any meaningful recovery. That's the zone I'll be watching for longs.
⚠️ Invalidation: Clean 1H close back above $63,300
Patience is the edge. Let price come to you. 🎯
Not financial advice. DYOR.
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Where is BTC heading next?
👇 Drop your vote!
⬇️ $60,200 range low first
⬆️ Reclaim $63,300 & go up
🤷 No idea
6 day(s) left