$BTC sitting at a critical inflection point right now.
Got rejected hard at $65K, now hovering around $63K.
4H Bollinger Bands breakdown:
• Price: $63,018
• Mid-band: $63,128
• Upper: $63,610
• Lower: $62,646
Below mid-band = short-term momentum is bearish.
The line in the sand: $62,646
Hold that and we can reclaim $63,128, then push for $63,600.
Lose it and $62K is next.
Simple setup: $62.6K support vs $63.6K resistance.
Whichever side breaks first dictates the next leg. Watch closely.
Got rejected hard at $65K, now hovering around $63K.
4H Bollinger Bands breakdown:
• Price: $63,018
• Mid-band: $63,128
• Upper: $63,610
• Lower: $62,646
Below mid-band = short-term momentum is bearish.
The line in the sand: $62,646
Hold that and we can reclaim $63,128, then push for $63,600.
Lose it and $62K is next.
Simple setup: $62.6K support vs $63.6K resistance.
Whichever side breaks first dictates the next leg. Watch closely.