Bitcoin Faces Key Decision Zone at $65,300
Bitcoin remains in a short-term consolidation range, with $65,300 emerging as a key level for the next move, according to crypto trader Killa.
The current setup:
• Above $65,300: A sustained breakout could open the way toward $66,900
• Below $65,300: BTC could retest the monthly opening level near $62,700
• Current structure: Bitcoin has remained range-bound for roughly two months, with no confirmed breakout yet
Killa has previously made notable calls during this market cycle, including a short position around $74,688 in April and a shift to long positions during the June market sell-off.
For now, $65,300 remains the key watershed level to watch.
Source: Killa
#bitcoin $BTC #Crypto #BitcoinAnalysis" #Trading
Bitcoin remains in a short-term consolidation range, with $65,300 emerging as a key level for the next move, according to crypto trader Killa.
The current setup:
• Above $65,300: A sustained breakout could open the way toward $66,900
• Below $65,300: BTC could retest the monthly opening level near $62,700
• Current structure: Bitcoin has remained range-bound for roughly two months, with no confirmed breakout yet
Killa has previously made notable calls during this market cycle, including a short position around $74,688 in April and a shift to long positions during the June market sell-off.
For now, $65,300 remains the key watershed level to watch.
Source: Killa
#bitcoin $BTC #Crypto #BitcoinAnalysis" #Trading