I've been watching the 15-minute chart this afternoon, and $BTC is getting very close to a key resistance zone. 👀
Price has been compressing just below resistance, and if buyers manage to push through with decent volume, I think we could see another leg higher.
The first area I'm watching after a confirmed breakout is around $64.65K-$65K.
That said, I'm not entering before confirmation. I've seen too many fake breakouts on lower timeframes, so I'd rather wait for a clean close above resistance than chase the first green candle.
The next few 15-minute candles should tell us whether this breakout has real momentum or not.
$BTC
#BTC #Bitcoin #Crypto #DYOR
Price has been compressing just below resistance, and if buyers manage to push through with decent volume, I think we could see another leg higher.
The first area I'm watching after a confirmed breakout is around $64.65K-$65K.
That said, I'm not entering before confirmation. I've seen too many fake breakouts on lower timeframes, so I'd rather wait for a clean close above resistance than chase the first green candle.
The next few 15-minute candles should tell us whether this breakout has real momentum or not.
$BTC
#BTC #Bitcoin #Crypto #DYOR