🎯 Trade setup:
Direction: Short from pullback
🔻 Entry: $63,300–$63,600
🛑 Stop Loss: $64,150
🎯 Take Profit 1: $62,400
🎯 Take Profit 2: $61,600
📰 News:
BTC remains under pressure after failing to hold above the $64,000–64,500 resistance area. Recent crypto headlines show cautious sentiment: traders are watching ETF flows, Treasury yields and upcoming U.S. inflation data, while Bitcoin is still struggling to regain strong bullish momentum.
Earlier, BTC held above $63,000 despite ETF outflows, but the market remains sensitive to derivatives positioning and macro risks. The latest move looks more like a defensive pullback than a full trend reversal.
📊 Analysis:
On the 1H chart, BTC is trading near $63,000 after a sharp drop from the $64,000 area. The price is still below the main short-term resistance zone around $63,500–63,700.
Stoch RSI is recovering from oversold levels, so a short-term bounce is possible. However, MACD remains weak and the broader structure is still fragile unless BTC reclaims $64,000–64,500.
Scenario:
If BTC fails to hold above $63,500–63,700, sellers may try to push the price back toward $62,400 and $61,600.
A bullish scenario would require BTC to reclaim $64,000–64,500. Until then, any rebound may be treated as a correction inside short-term weakness.
⚠️ Not financial advice.
Direction: Short from pullback
🔻 Entry: $63,300–$63,600
🛑 Stop Loss: $64,150
🎯 Take Profit 1: $62,400
🎯 Take Profit 2: $61,600
📰 News:
BTC remains under pressure after failing to hold above the $64,000–64,500 resistance area. Recent crypto headlines show cautious sentiment: traders are watching ETF flows, Treasury yields and upcoming U.S. inflation data, while Bitcoin is still struggling to regain strong bullish momentum.
Earlier, BTC held above $63,000 despite ETF outflows, but the market remains sensitive to derivatives positioning and macro risks. The latest move looks more like a defensive pullback than a full trend reversal.
📊 Analysis:
On the 1H chart, BTC is trading near $63,000 after a sharp drop from the $64,000 area. The price is still below the main short-term resistance zone around $63,500–63,700.
Stoch RSI is recovering from oversold levels, so a short-term bounce is possible. However, MACD remains weak and the broader structure is still fragile unless BTC reclaims $64,000–64,500.
Scenario:
If BTC fails to hold above $63,500–63,700, sellers may try to push the price back toward $62,400 and $61,600.
A bullish scenario would require BTC to reclaim $64,000–64,500. Until then, any rebound may be treated as a correction inside short-term weakness.
⚠️ Not financial advice.
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TP1 hit
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Join me, I'll guide you to PROFITABLE TRADING💵!
Telegram Channel:
t.me/elibrianalytics
Telegram Channel:
t.me/elibrianalytics
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.