Thinking everyone is bearish on $BTC right now might be your biggest mistake.
The king is looking a bit indecisive here. We’re sitting at 66,386 and honestly it’s a chop fest. We had that dip down to 65,631 which got bought up pretty fast, but the momentum isn’t exactly screaming "moon" yet. Looking at the 1h chart, we’ve got a clear ceiling around 67,300. Every time we poke our heads above 66,700, the sellers come out to play. It’s like we’re stuck in a boxing match between two tired fighters. The order book is interesting though. That 98% buy side interest at current levels is wild, but don't let it fool you, price action is what pays. We need to flip 67k into solid support before I’d even think about a long term entry. If we lose 65.5k, we might be visiting the 64k neighborhood sooner than you think. Volume is okay but we need a real spike to break this range. For now, I’m just watching the levels and staying liquid.
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Thinking everyone is bearish on $BTC right now might be your biggest mistake.
The king is looking a bit indecisive here. We’re sitting at 66,386 and honestly it’s a chop fest. We had that dip down to 65,631 which got bought up pretty fast, but the momentum isn’t exactly screaming "moon" yet.
Looking at the 1h chart, we’ve got a clear ceiling around 67,300. Every time we poke our heads above 66,700, the sellers come out to play. It’s like we’re stuck in a boxing match between two tired fighters.
The order book is interesting though. That 98% buy side interest at current levels is wild, but don't let it fool you, price action is what pays. We need to flip 67k into solid support before I’d even think about a long term entry. If we lose 65.5k, we might be visiting the 64k neighborhood sooner than you think.
Volume is okay but we need a real spike to break this range. For now, I’m just watching the levels and staying liquid.
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