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BTC had one 4h candle close below $61,964.2, but it quickly received a strong reaction with increasing volume. The $66,498.6 target remains valid, so there is no concern.
The price has now reached the $63,205.6 Fibonacci resistance. If 4h candles start closing above this level again, it will open the way toward the $64,677.6 major resistance.
Once daily candles begin closing above $64,677.6, we will have a much stronger case for discussing significantly higher targets.
I do not share all of my analyses here. If you would like access to my other analyses, feel free to send me a DM.
The analyses I share here are not investment advice under any circumstances.
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