๐จ $BTC at a Crossroads โ Is $64K the New Floor or a Trap?
Bitcoin is dancing around the $64,000 zone after rejecting $66.2K resistance. The bulls are trying to hold support, but volume is thinning out โ we could be in for a big move soon.
๐ฏ๏ธ Chart View:
๐ Trade Plan (Active Monitoring):
Long entry idea: $64,200 (bounce confirmation)
Target-1: $66,000
Target-2: $68,400
Stop Loss: $62,950
๐ฏ Risk/Reward: ~1:2.4
๐ Why I'm Watching This Zone:
Key support at $64K held 3 times = strong base?
4H RSI showing bullish divergence
MACD histogram starting to turn positive
Weekly trend still bullish โ no higher high broken yet
๐ง Caution:
If BTC closes a 4H candle below $63.5K, expect a possible flush toward $61.8K or even $59K.
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