No major change in structure yet. Price continues to consolidate above the local lows after a sharp selloff.
As we head into the weekend, I expect more choppy price action within this range. A retrace back into the 61k–60.5k zone remains possible, especially if we keep rejecting at 64k resistance zone.
For the bulls, the key is continuing to defend 61k–60k. As long as this level holds,
BTC has a chance to gradually work higher and retest 65k, with 67.4k being the next notable resistance overhead.
For now, it's still a range-bound market.
As we head into the weekend, I expect more choppy price action within this range. A retrace back into the 61k–60.5k zone remains possible, especially if we keep rejecting at 64k resistance zone.
For the bulls, the key is continuing to defend 61k–60k. As long as this level holds,
BTC has a chance to gradually work higher and retest 65k, with 67.4k being the next notable resistance overhead.For now, it's still a range-bound market.
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Trade like a Pro via Tealstreet ⚡️
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