$BTC Rectangle Pattern



If lower range support at 62.4k holds, it's likely we see a retest of 64k+

However, FVG's below + 3d liquidation suggest downside is also possible.

Rectangle patterns are fundamentally neutral.

So it's best to be patient in situations like these.
BTC-3.86%
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LiquidityTeaMaster
· 4h ago
Let's wait for a breakthrough before proceeding; right now, the left side is too risky.
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ProtocolPaladin
· 6h ago
64k retest probability is a fifty-fifty chance.
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FrontrunFail
· 12h ago
Wait and see first; it's not too late to follow once the direction becomes clear.
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On-ChainNightSecurityGuard
· 12h ago
Patience is key, it's easy to say but hard to do.
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WeekendGatekeeper
· 12h ago
62.4k, both longs and shorts are watching this level.
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ForkliftFaye
· 12h ago
I feel like this time we need to fake a breakout before continuing down.
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PermissionedFury
· 12h ago
Supporting the third test, but three strikes and you're out?
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TheLiquidationLampInMisty
· 12h ago
If the gap below is not filled, the rise will never feel stable.
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GoldfishUnderTheIce
· 12h ago
A rectangle is used to torment short-term traders.
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ChecksumSmile
· 12h ago
Rectangular organization is indeed tedious; holding at 62.4k can help us see the upper edge.
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