$BTC We retested the bottom trendline of the bear flag and so far we are seeing some rejections coming in from that area.



Right now, we need to break back below 64,250 for continuation towards the downside. The longer we hold above this level, the higher the chances are that we see acceptance back inside the bear flag.

That would open room for a deeper retest of the 65.7k region. If we break above it, then 67k-68k will be the next area of interest.

The next few 4H sessions will be interesting to watch, as they will likely shape how this weekly candle is going to close.
BTC0.95%
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Don'tCallMeABagHolder.
· 2h ago
65.7k If it really reaches that level, I’ll probably get tricked into chasing higher again—above 67k I’ll directly place a short order.
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GateUser-dd8dffab
· 2h ago
The lower edge of the bear flag test didn't cause an immediate collapse, indicating that the bears are also hesitant. Waiting for tonight's 4-hour close.
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tvl_down_bad
· 2h ago
64,250 is really a tough barrier to break through. If the bulls keep dragging it out, they’re likely to get caught in a reversal and end up being “anti-encircled” and pushed back in.
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