$BTC is testing the grey area support, which has held twice so far near $71k. Recently, the support was briefly pierced with a wick down to $68.2k.
We need a larger daily candle or a close above this grey zone to confirm strength. The 200 MA is also nearby, creating significant confluence. If it breaks, the next key level is the monthly open at $66.9k.
Watch both scenarios:
If price breaks below, I’ll look for short-term long bounces around $66.9k.
If a strong green daily closes above the zone, I’ll take scalp longs as well.
Remember: there’s nothing to be attached to here. Stay flexible and unbiased.