What’s happening with Bitcoin that it can’t break 63k right now?
I’ve been reviewing how the price has been moving over the last few hours, and it’s clear that we’re stuck in a zone of indecision. Buyers tried to defend the $63,000 USD line, but volume dropped and the price just pulled back to $62,975 USD. If you look at the bigger moves, you can see the market is running out of steam into the weekend. If we don’t reclaim 63k soon, the most likely play is to go hunting for liquidity lower down, around $62,000 USD.
For me, the safe move right now is to stay calm and not panic, because the market is setting up a strong move. What do you think—do you believe we recover the 63k today, or do we head straight to find the 62k? I’ll read your thoughts below! 👇
$BTC #BTC #BITCOIN
$BTC
I’ve been reviewing how the price has been moving over the last few hours, and it’s clear that we’re stuck in a zone of indecision. Buyers tried to defend the $63,000 USD line, but volume dropped and the price just pulled back to $62,975 USD. If you look at the bigger moves, you can see the market is running out of steam into the weekend. If we don’t reclaim 63k soon, the most likely play is to go hunting for liquidity lower down, around $62,000 USD.
For me, the safe move right now is to stay calm and not panic, because the market is setting up a strong move. What do you think—do you believe we recover the 63k today, or do we head straight to find the 62k? I’ll read your thoughts below! 👇
$BTC #BTC #BITCOIN
$BTC