The 64.5K I wrote down two hours ago still hasn’t been verified. The previous assessment was very clear: $BTC needs a 4-hour close above 64.5K, and the 64K pullback must be caught. The publicly available quote is about $64,248, up 1.85% over the past 24 hours, and it’s still below the threshold.
This is not packaging untriggered conditions as success. Price returning to the vicinity of 64.5K only indicates that the bulls are still probing; the true public outcome should still be judged by the close and the pullback. Until then, any push upward can only be treated as a range test.
My adjusted first-person view of the chart: I’ll keep waiting for confirmation and won’t treat a single intraday boundary crossing as a trend. If there’s a close above 64.5K but it can’t hold 64K, I still won’t chase. If it loses 63.5K again, then the breakout path from the previous round is clearly invalidated.
Next, you should first look at the change in volume during the 4-hour close—does it differ when there’s a 64K pullback? This is only for my personal chart notes and does not constitute investment advice.
This is not packaging untriggered conditions as success. Price returning to the vicinity of 64.5K only indicates that the bulls are still probing; the true public outcome should still be judged by the close and the pullback. Until then, any push upward can only be treated as a range test.
My adjusted first-person view of the chart: I’ll keep waiting for confirmation and won’t treat a single intraday boundary crossing as a trend. If there’s a close above 64.5K but it can’t hold 64K, I still won’t chase. If it loses 63.5K again, then the breakout path from the previous round is clearly invalidated.
Next, you should first look at the change in volume during the 4-hour close—does it differ when there’s a 64K pullback? This is only for my personal chart notes and does not constitute investment advice.