Bitcoin is in a macro bull trend but currently experiencing a necessary and healthy retracement toward key support levels.
As long as BTC holds above $64,800 on the monthly timeframe, the bullish structure remains intact.
A strong bounce from this zone could reopen a move back toward $97,000 and later $120,000+.
If $64,800 breaks on a monthly close, expect a deeper correction to $48,000–$40,000 before the next leg of the bull cycle.
📌 Macro Bias: Bullish, with short-term correction.
📌 Strategy: Wait for monthly confirmation around $64,800 support.
As long as BTC holds above $64,800 on the monthly timeframe, the bullish structure remains intact.
A strong bounce from this zone could reopen a move back toward $97,000 and later $120,000+.
If $64,800 breaks on a monthly close, expect a deeper correction to $48,000–$40,000 before the next leg of the bull cycle.
📌 Macro Bias: Bullish, with short-term correction.
📌 Strategy: Wait for monthly confirmation around $64,800 support.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.