$BTC had a strong wick up, and now we can see it is rejecting as resistance kept standing strong.



The week's close inside that will continue the consolidation within that range.

#BTC #SECPushesFor24HourTrading
BTC0.64%
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MemeCollector
· 3h ago
No matter whether the SEC does anything or not 24/7, BTC’s fundamentals haven’t changed: bullish long term, laid-back in the short term.
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PhishingClass
· 4h ago
On the technical side, this rejection signal is quite clear; in the short term, bulls still need to build more strength to break through.
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LiquidityLurker
· 4h ago
Watching this needle flip up and down makes my heart not able to take it—I’d rather just hold the spot and not move it; that’s the safest.
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ArbitrageBrick
· 4h ago
Another week is over, and the close is within the range—so next week we’ll still have to grind it out. No problem.
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LightningFastNode
· 4h ago
My position hasn’t moved; anyway, the big trend hasn’t changed. So this kind of sideways consolidation can be taken as a chance to get in.
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VaultCustodian
· 4h ago
This BTC resistance level is too strong—every time it pushes up, it gets knocked back. Wait patiently for a directional decision.
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MorningStarWatcher
· 4h ago
From the weekly chart, it’s actually quite healthy—just a narrow-range consolidation. Once the moving averages are repaired, the market should choose a direction.
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MarginPlayer
· 4h ago
This long upper wick is really scary, but it hasn’t broken down either—continue to watch the range-bound consolidation.
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