BTC experienced a sharp rejection from the 77-78k resistance zone, breaking below short-term moving averages and falling into a major support area around 61.8k-63.6k.
Key Observations
61.8k-63.6k is a critical support cluster and aligns with the rising long-term trendline.
Stochastic RSI is deeply oversold, suggesting a relief bounce is increasingly likely. RSI Crossover on the daily.
MACD remains bearish, so any bounce should initially be viewed as a counter-trend rally rather than a confirmed reversal.
Volume Profile shows a low-volume gap above current price, which could allow a relatively quick move higher if buyers step in.
Potential Scenario
Hold support (61.8k-63.6k) → short-covering rally toward 66.9k (Point 1).
Break and close above 66.9k → extension to 70.9k (Point 2).
Reclaim 77.9k → trend recovery with potential move toward 87.5k (Point 3).
Risk
If BTC loses 61.8k on a daily closing basis, the bullish trendline fails and the next major support zone lies considerably lower, opening the door for a deeper correction.
Conclusion
The chart currently favors a technical bounce from support, but confirmation requires reclaiming 66.9k first. Until then, the broader structure remains cautious-to-bearish after the strong rejection from 77k.
Key Observations
61.8k-63.6k is a critical support cluster and aligns with the rising long-term trendline.
Stochastic RSI is deeply oversold, suggesting a relief bounce is increasingly likely. RSI Crossover on the daily.
MACD remains bearish, so any bounce should initially be viewed as a counter-trend rally rather than a confirmed reversal.
Volume Profile shows a low-volume gap above current price, which could allow a relatively quick move higher if buyers step in.
Potential Scenario
Hold support (61.8k-63.6k) → short-covering rally toward 66.9k (Point 1).
Break and close above 66.9k → extension to 70.9k (Point 2).
Reclaim 77.9k → trend recovery with potential move toward 87.5k (Point 3).
Risk
If BTC loses 61.8k on a daily closing basis, the bullish trendline fails and the next major support zone lies considerably lower, opening the door for a deeper correction.
Conclusion
The chart currently favors a technical bounce from support, but confirmation requires reclaiming 66.9k first. Until then, the broader structure remains cautious-to-bearish after the strong rejection from 77k.
Operación activa
Reclaiming 66.9 K Operación cerrada: objetivo alcanzado
First Target reachedNota
Next target --> 70.8KNota
Tested Support 63'619 , ready for the next leg
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.