BTC buyers are pushing, but the real test is still ahead.
Bitcoin has recovered nicely and is once again getting close to the $65K zone. What matters now is whether buyers have enough strength to turn this resistance into support.
A clean break and hold above $65K would improve the short-term structure. On the other hand, another rejection could send BTC back into the range and give buyers a better opportunity to regroup.
I’m not chasing the move here. I’m watching how price behaves around the level.
$BTC
Bitcoin has recovered nicely and is once again getting close to the $65K zone. What matters now is whether buyers have enough strength to turn this resistance into support.
A clean break and hold above $65K would improve the short-term structure. On the other hand, another rejection could send BTC back into the range and give buyers a better opportunity to regroup.
I’m not chasing the move here. I’m watching how price behaves around the level.
$BTC