🚹 BTC is coiling at the most important level of 2026. Here's what I'm watching.
Bitcoin has spent 2+ weeks trapped between $62,500 support and $65,000 resistance. Down ~30% from the $93K yearly open, but still holding the line.
📊 The setup:
‱ Bull case: Reclaim $66,500 on volume → $70K becomes realistic → break that, and $73–78K is on the table
‱ Base case: Range chop between $58K–$67K. Boring, but range traders eat well here
‱ Bear case: Lose $60K on a daily close → $58K and $56K get exposed fast
The part nobody talks about: 30% drawdowns are normal for BTC, even in bull markets. We've seen this movie before.
Meanwhile alts are rotating — ADA +10% this week, privacy coins (ZEC +8%, XMR +5%) quietly moving while everyone stares at BTC.
My take: This is a patience market. Position for the range, not the dream. Set your levels, size small, wait for the break.
Which scenario are you positioned for? 👇
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Not financial advice. Always DYOR.