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7.28 BTC about 63,000, green-blue vibes, target 64,000
Pullback to around 64,000–64,500, green-blue vibes, top up at 65,200, defend 65,500, target 63,000/62,000.
From the BTC 1H chart: after yesterday surged to 65,780, there was a rapid drop; the lowest wick was around 63,021. Currently, the price has returned to around 63,200 and is consolidating.
In the short term, a break below the moving-average resistance has been seen, and bearish momentum is clearly being released, but there’s relatively strong support around 63,000. This is also a key defense level for both bulls and bears.
With nine years of trading experience, having gone through multiple bull and bear cycles, I’ve seen too many retail traders chase after pumps and get slaughtered. The more violent the market, the more it tests your trading system.
Opportunities always belong to those who are prepared. Wait patiently to catch the market move that belongs to you. $BTC #BTC
If it pulls back to around 64,000–64,500, go in/accumulate at 65,200 as a buy, defend 65,500, target 63,000/62,000.
From the 1H BTC chart, after yesterday’s spike to 65,780, there was a rapid drop; the lowest wick was around 63,021. The price has now returned to around 63,200 and is consolidating.
In the short term, it’s broken below the moving-average resistance, and bearish momentum is clearly releasing, but there’s strong support/absorption around 63,000. This is also a key defense level for both bulls and bears.
With 9 years of trading experience, going through multiple bull-and-bear cycles, I’ve seen too many retail traders chase pumps and then get stopped. The more violent the market, the more it tests your trading system.
Opportunities always go to the prepared. Wait patiently, and you can catch the market move that belongs to you. $BTC#BTC