After breaking out from the previous structure, the price is consolidating between ~62K and 70K, indicating clear uncertainty on the daily timeframe. As long as we stay within this range, expect choppy and reactive price action. A clean break above 70K could shift the short-term momentum to bullish, while a drop below 62K may open the door for further declines. Keep monitoring.#GateSquare$50KRedPacketGiveaway
#Bitcoin is still moving within this range. After breaking down from the previous structure, price is consolidating between ~62K and 70K, showing clear indecision on the daily timeframe. As long as we stay inside this range, expect choppy and reactive price action. A clean break above 70K could shift short-term momentum bullish, while a drop below 62K may open the door for another leg down. Keep an eye on it.
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#Bitcoin is still moving within this range.
After breaking out from the previous structure, the price is consolidating between ~62K and 70K, indicating clear uncertainty on the daily timeframe.
As long as we stay within this range, expect choppy and reactive price action.
A clean break above 70K could shift the short-term momentum to bullish, while a drop below 62K may open the door for further declines.
Keep monitoring.#GateSquare$50KRedPacketGiveaway
After breaking down from the previous structure, price is consolidating between ~62K and 70K, showing clear indecision on the daily timeframe.
As long as we stay inside this range, expect choppy and reactive price action.
A clean break above 70K could shift short-term momentum bullish, while a drop below 62K may open the door for another leg down.
Keep an eye on it.