The bullish divergence on the $BTC daily timeframe has played out exactly as expected, with price now approaching a major resistance zone between $63K and $66K.


The key level to watch is $65.5K. A decisive break and hold above it could open the door for more short-term upside.
However, if $BTC gets rejected at this level, a pullback toward the $60K region becomes a realistic possibility.
For now, the plan remains simple: let the chart lead the way and watch how price reacts around this resistance before making any assumptions.

#WeakNFPShakesRateHikeOdds
BTC-0.86%
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GateUser-1bc81bb2
· 1h ago
Already set a stop loss on the short order at 65K, leave the rest to the market.
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GateUser-0aa20a11
· 1h ago
63-66K There should be quite a few trapped positions in this range. It's normal to grind a bit.
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CandleChaser
· 1h ago
Weak NFP does give risk assets a chance to catch their breath.
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GateUser-cb789e81
· 1h ago
Now both bulls and bears find it uncomfortable at this position; waiting and watching is also a strategy.
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TheProphetOfToast
· 1h ago
The 65.5K level is indeed critical. If it breaks through and holds, it can surge again in the short term.
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NightFlightMint
· 1h ago
If it stays above 66K, there's a chance for a new high in the second half of the year.
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MistValleySignpost
· 1h ago
BTC always stirs up trouble at these key levels, I'm used to it.
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