Yesterday: BTC wicked above $65K, then got rejected. ❌
Today: buyers reclaimed $65K and pushed BTC above $66K. 🚀
That’s why a wick through resistance alone doesn’t confirm a breakout.
Yesterday’s move briefly tested $65K but failed to hold. Today, BTC reclaimed that level and extended higher, with volume appearing to support the move.
The level to watch now is $65K: can it hold as support if price pulls back?
If it does, yesterday’s rejection may have been a liquidity sweep before a more convincing breakout. If it fails, the move could still need further confirmation. 👀
Not financial advice. Crypto markets are volatile.
#Bitcoin #BTC $BTC
Today: buyers reclaimed $65K and pushed BTC above $66K. 🚀
That’s why a wick through resistance alone doesn’t confirm a breakout.
Yesterday’s move briefly tested $65K but failed to hold. Today, BTC reclaimed that level and extended higher, with volume appearing to support the move.
The level to watch now is $65K: can it hold as support if price pulls back?
If it does, yesterday’s rejection may have been a liquidity sweep before a more convincing breakout. If it fails, the move could still need further confirmation. 👀
Not financial advice. Crypto markets are volatile.
#Bitcoin #BTC $BTC