#BTC market analysis 7/15
The previous two core viewpoints were verified ✅
--For the viewpoint at the support level yesterday: as long as it doesn’t break below 61500, the uptrend can continue—this has been confirmed
--The earlier statement that the 64–647 resistance zone had been tested N times, and after that it would no longer be a pressure point—so once the price came up, it broke through directly
The 4-hour timeframe has already broken above 64700, and the short-term structure has turned stronger. Next, we need to observe whether it can hold steady in the high zone.
1) The short-term support is at 63600–64100. When price reaches this range, you can consider entering a short-term long, with a stop loss at 63500.
2) As long as price stays above 63500, it’s expected to challenge the previous high at 67200. The nearer resistance levels are 65400–66600.
The previous two core viewpoints were verified ✅
--For the viewpoint at the support level yesterday: as long as it doesn’t break below 61500, the uptrend can continue—this has been confirmed
--The earlier statement that the 64–647 resistance zone had been tested N times, and after that it would no longer be a pressure point—so once the price came up, it broke through directly
The 4-hour timeframe has already broken above 64700, and the short-term structure has turned stronger. Next, we need to observe whether it can hold steady in the high zone.
1) The short-term support is at 63600–64100. When price reaches this range, you can consider entering a short-term long, with a stop loss at 63500.
2) As long as price stays above 63500, it’s expected to challenge the previous high at 67200. The nearer resistance levels are 65400–66600.