🤔My throat hurts like hell in the middle of the night! Couldn't help but take another look at the K-line, and BTC $BTC has been hovering around 60,500 again all day.

Weekend market is just like this—don't expect it to give you a quick resolution.

But here's something interesting—something happened again in the Strait of Hormuz. An oil tanker was hit by an unidentified object, with the US and Iran blaming each other. International oil prices jumped straight up 🤣

Guess what? The crypto market followed with a full rally, and BTC climbed back above 60k.

What's the connection? Capital always needs an outlet. When geopolitical tensions rise, where does safe-haven money flow? You know the drill.

Back to the charts themselves —

BTC $BTC has rebounded from the low of 59,023 and is now grinding around 60k.

On the daily timeframe, a double-top pattern is already forming. What would it take to invalidate this pattern?

The only way is to push the price up—no other tricks.

If today's daily close can produce a decent bullish candle, it would form a morning star pattern on the daily chart—indicating a daily-level bounce is due.

But the key point: it must break through the neckline at 62,134. If it can't, everything else is useless.

On the short-term, hourly lows are rising. As long as it doesn't break below 59,566, the decline won't expand.

The first resistance above is in the 60,468–60,684 area. If it breaks through with volume and holds, the upside target is 61,159–61,884.

There are only two days left in the month. The probability of holding 60k is relatively high.

After all, MicroStrategy just injected 1.5 billion in capital—their average cost is 75k and they're not panicking, so why are you panicking? 🌚

Don't try to perfectly time the top or bottom—nobody can.

I'm Old Coin, just telling the truth, no hype, no FUD.

If you find it useful, hit follow. I'll help you read the charts rationally every day.
#哥伦比亚VS葡萄牙