$BTC 🚨 BTC | 63.8K — Breakout zone
The price is trying to stabilize above 63.0–63.1K after the drop, but the picture is still neutral-leaning toward selling pressure:
🔹 Daily: above MA50 around 63.4K, but below MA200 near 69.8K.
🔹 12H: below MA50 and MA200 → bearish pressure.
🔹 8H/6H: above MA200 but below MA50 → recovery is not certain.
🔹 4H/1H: below MA50 and MA200 → the nearest resistance is 64.1–64.5K.
🎯 The plan:
🟢 Buy only after a breakout of 64.5K with a 4H close and clear volume:
entry after confirmation/retest
SL: 63.8K
TP1: 65.82K → TP2: 66.95K → then 68.4K
🔴 Sell only after breaking 63.0–63.1K with a 4H close and clear volume:
entry after the break/retest
SL: 63.6K
TP1: 62.275K → TP2: 61.1K → and if the pressure continues 59.5–60K
⚠️ Currently: no trade in the range; we wait for a confirmed breakout or breakdown.
⚠️ For discussion only, not a recommendation
#CPITODAY