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GM
Currently seeing $BTC in decisive mode. We have a few likely scenarios.
1) A straightforward rejection from range highs, leading to a move back toward the 65–66k region, where significant liquidity sits to support that downside narrative.
2) A breakout above current resistance, with a confirmed weekly close, opening the path for continuation toward the 1W 21EMA and higher timeframe SR level 78–79k, followed by a potential rejection.
3) A repeat of the Feb–March 2021 fractal, driving price into the Yearly Open and 1W moving average around 87–88k, before a sharp reversal lower.
Key levels mapped, now it’s a matter of confirmation.
#btc
#bitcoin