$BTC is finally showing some action.
But this is exactly where I don’t want to chase.
Bitcoin pushed into the range high around $65K and is still facing rejection around the previous high. Until that level is convincingly reclaimed, the broader compression remains intact.
For me, the better opportunities were lower in the range.
If we get another sweep and rejection near the highs, I’ll be watching for a short setup. If price pulls back, the mid-range and range-low become much more interesting areas for potential longs.
FOMO is expensive. Location matters more.
But this is exactly where I don’t want to chase.
Bitcoin pushed into the range high around $65K and is still facing rejection around the previous high. Until that level is convincingly reclaimed, the broader compression remains intact.
For me, the better opportunities were lower in the range.
If we get another sweep and rejection near the highs, I’ll be watching for a short setup. If price pulls back, the mid-range and range-low become much more interesting areas for potential longs.
FOMO is expensive. Location matters more.