Bitcoin

BTC $64.2k RESISTANCE SHOWDOWN IN 1 HOUR

76
next resistance at $64.2k, series of bullish reversals suggest this will breakout but not for long, with a reversal charted at $65.5k soon after.

None of this is real, full moon tonight once trump steps onto stage wearing BTC cufflinks

Just for bits & niggles, here's this:

Rebound?

Entry: Look for a confirmed double bottom pattern with a breakout above the neckline. Ideally, this should be accompanied by increasing volume.
Target: The upper trend line of the ascending channel.
Stop-Loss: Below the 64,200 level and the lower trend line.

or Breakdown?

Entry: Wait for a clear break below 64,200 and the lower trend line, confirmed by high selling volume.
Target: Previous significant support levels, potentially around the 61,000 level as marked on your chart.
Stop-Loss: Just above the 64,200 level.

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.