Important levels after the recent shift in market structure for #Bitcoin
For me, a weekly close above 69k would already be a positive signal. A close above 73.7k would likely confirm the next move toward the 84k region since there is very little resistance above that zone. Even reclaiming 70.6k on a close would be a bullish sign. However, if $BTC gets rejected again and closes below 66k, then the 55k to 58k region becomes a realistic downside target. These next closes will matter a lot.
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Important levels after the recent shift in market structure for #Bitcoin
For me, a weekly close above 69k would already be a positive signal.
A close above 73.7k would likely confirm the next move toward the 84k region since there is very little resistance above that zone.
Even reclaiming 70.6k on a close would be a bullish sign.
However, if $BTC gets rejected again and closes below 66k, then the 55k to 58k region becomes a realistic downside target.
These next closes will matter a lot.