$BTC - $66,441
This is the level I’ve been watching all week.
BTC is sitting right on a rising trendline that’s been holding for over a year. We’ve touched it twice before and bounced both times. This is touch number three.
BTC
66,728.54
+0.30%
The problem is we’re still 22% below the 200 EMA. That tells me the macro structure is still broken. The $74–76K zone we dropped through in February is now flipped resistance getting back above that is a whole fight in itself.
Right now I’m not bearish or bullish. I’m watching.
- If this trendline holds and we get a strong daily close above $68K, I think the path to $72K opens up.
- But if we lose $64K on a daily close, the trendline is done and I’m looking at $58–60K as the next real support.
One candle at a time