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7.14 BTC bottoms and bounces back? An hourly golden cross has appeared, but there’s a hidden danger on the daily chart! ⚠️$BTC
Just after the weekend, BTC is back at another crucial decision level! Current price: 626. The 24h range is nearly 1,700 points, and the main players’ intention to shake the market is obvious. When you see the signals from both longs and shorts fighting each other—whether this bounce can actually put meat on the bones depends entirely on how you time your moves!
Long positions:
Entry range: 61,800 - 62,200 (near the 24h low and 1-hour MA60 support)
First target: 63,000, second target: 63,450
Stop loss: 61,400
Short positions:
Entry range: 63,400 - 63,600 (if the rebound reaches here, the 4-hour moving averages + prior highs will act as resistance)
Targets: 62,500 → 61,800
Stop loss: 64,000