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$BTC Market Read
BTC finally caught a reaction from the 59,130 zone after a heavy daily selloff. The bounce is decent, but the price is still below the broken structure, so bulls need to prove strength above 64,500 to 65,000 before calling this a proper reversal.
Right now, this is more of a controlled relief bounce. Good for a setup, but not a place to get too aggressive until confirmation comes in.
Entry: 62,200 to 63,400
SL: 58,700
TP1: 65,000
TP2: 68,200
TP3: 72,000
The clean level to watch is 65K. Flip that into support and BTC can stretch higher. Lose 58.7K, and the market likely hunts lower liquidity again.
Not financial advice.
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