What If $BTC $64K Is Just a Bull Trap?
Everyone is getting excited about BTC reclaiming $64K, but I'm not convinced that's the real breakout. A move above that level could simply be a liquidity sweep before another leg lower.
If buyers fail to hold above $64K, don't be surprised if BTC starts heading back toward the $60K area.
The crowd is looking for a breakout. I'm watching for the fakeout.
What's your first target: $64K or $60K?
Everyone is getting excited about BTC reclaiming $64K, but I'm not convinced that's the real breakout. A move above that level could simply be a liquidity sweep before another leg lower.
If buyers fail to hold above $64K, don't be surprised if BTC starts heading back toward the $60K area.
The crowd is looking for a breakout. I'm watching for the fakeout.
What's your first target: $64K or $60K?