$BTC has reclaimed the 65.75k level, putting the bearish continuation setup back on the table.
The ideal scenario:
๐ Sweep the previous day's high
๐ Reject from higher levels
๐ป Rotate back to the downside
That said, a move toward 68.2k remains very possible. There's a significant liquidity cluster sitting above, and markets love hunting liquidity before making their next major move.
For bears, 65,750 is the line in the sand.
A breakdown back below this level โ followed by a weekly close underneath โ would strengthen the case for another leg lower.
Liquidity first. Direction second.
#BTC
The ideal scenario:
๐ Sweep the previous day's high
๐ Reject from higher levels
๐ป Rotate back to the downside
That said, a move toward 68.2k remains very possible. There's a significant liquidity cluster sitting above, and markets love hunting liquidity before making their next major move.
For bears, 65,750 is the line in the sand.
A breakdown back below this level โ followed by a weekly close underneath โ would strengthen the case for another leg lower.
Liquidity first. Direction second.
#BTC