🚨Failed retest at #BTC from the 64k$ zone - waiting for a pullback
Bitcoin once again couldn't break through resistance at 64k$. As expected, we got a pullback reaction.
In my opinion:
After the failed attempt to breach resistance, we should anticipate a more significant pullback. As there’s no structure for a breakout yet, the risk of a downturn seems more certain.
I’ll be closely monitoring reactions in the 63k-62k zones.
Traders need to stay cautious!
#btcusdt #ETHUSDT $BTC $ETH
Bitcoin once again couldn't break through resistance at 64k$. As expected, we got a pullback reaction.
In my opinion:
After the failed attempt to breach resistance, we should anticipate a more significant pullback. As there’s no structure for a breakout yet, the risk of a downturn seems more certain.
I’ll be closely monitoring reactions in the 63k-62k zones.
Traders need to stay cautious!
#btcusdt #ETHUSDT $BTC $ETH