$BTC Update
$65.4K has been tested twice and rejected both times. So far, buyers haven't managed to break it.
Looking at the 4H chart, $BTC has already pushed out of the bull flag that formed after the $67K high. Now the main obstacle is that $65.4K resistance.
My view is simple: if BTC gets a clean break above $65.4K, the next areas I’m watching are $66.5K to $67K, followed by $70K to $71K.
But the setup changes if BTC loses $64K and moves back inside the flag. In that case, I’d rather step aside and wait for a clearer structure.
Two rejections don't necessarily make resistance stronger forever. Sometimes they simply build pressure for the next breakout. 👀🔥
$BTC
#USJulyJobsUnexpectedlyFall #MJR786
$65.4K has been tested twice and rejected both times. So far, buyers haven't managed to break it.
Looking at the 4H chart, $BTC has already pushed out of the bull flag that formed after the $67K high. Now the main obstacle is that $65.4K resistance.
My view is simple: if BTC gets a clean break above $65.4K, the next areas I’m watching are $66.5K to $67K, followed by $70K to $71K.
But the setup changes if BTC loses $64K and moves back inside the flag. In that case, I’d rather step aside and wait for a clearer structure.
Two rejections don't necessarily make resistance stronger forever. Sometimes they simply build pressure for the next breakout. 👀🔥
$BTC
#USJulyJobsUnexpectedlyFall #MJR786