BTCUSD Bitcoin starts the new week with a slightly bullish bias, but volatility remains high. Price is currently consolidating, with buyers needing to defend the $62k–63k support zone to maintain bullish momentum.
Bullish trigger: Sustained move above ~$65k
Expected range: $63k–67k.
Overall, the market structure favors a cautious upside continuation while BTC holds above support, but traders should remain alert for sharp reversals driven by macro news and liquidity conditions.
WELCOME TO A NEW WEEK.
Trade closed: stop reached
We got stopped out, and price moved our direction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.