๐ $BTC (Bitcoin) - 4H
The correction was confirmed after the rejection in the offer block (HB - DP / QML at $65,600), falling to test the lower area of the compression. It is trading at $63,457.2, trying to stop the decline near the buyer absorption block (ENG at $62,500).
๐น Price Action Levels:
โข Resistance / Supply:
$64,200 - $65,000: Immediate resistance and intra-range level to reclaim.
$65,600 (HB - DP / QML): Immediate decisive supply block.
$66,400 - $67 .600 (HB - DP / LH): Macro structural supply ceiling.
โข Supports / Reactions:
$62,500 - $62,800 (ENG): Primary decisive demand floor and key cushioning zone.
$59,250 / $57,500 (LL): Main lows and macro structure invalidation.
๐ Scenario Plan:
Bounce at Demand: Keep defending the ENG block ($62,500โ$62,800) to attempt a reconditioning that seeks to recover $64,200.
Bearish Break: A breakdown with the candle body below $62,500 will enable a downward acceleration toward the prior low liquidity at $59,250 (LL).
Manage risk and wait for confirmation at key levels. #BTC Price Analysis# #Macro Insights# #BNBChain#
The correction was confirmed after the rejection in the offer block (HB - DP / QML at $65,600), falling to test the lower area of the compression. It is trading at $63,457.2, trying to stop the decline near the buyer absorption block (ENG at $62,500).
๐น Price Action Levels:
โข Resistance / Supply:
$64,200 - $65,000: Immediate resistance and intra-range level to reclaim.
$65,600 (HB - DP / QML): Immediate decisive supply block.
$66,400 - $67 .600 (HB - DP / LH): Macro structural supply ceiling.
โข Supports / Reactions:
$62,500 - $62,800 (ENG): Primary decisive demand floor and key cushioning zone.
$59,250 / $57,500 (LL): Main lows and macro structure invalidation.
๐ Scenario Plan:
Bounce at Demand: Keep defending the ENG block ($62,500โ$62,800) to attempt a reconditioning that seeks to recover $64,200.
Bearish Break: A breakdown with the candle body below $62,500 will enable a downward acceleration toward the prior low liquidity at $59,250 (LL).
Manage risk and wait for confirmation at key levels. #BTC Price Analysis# #Macro Insights# #BNBChain#