Price tapped into prior demand (mid-$60K zone) and reaction is weak — no aggressive bid, just a shallow bounce. That’s not strength, that’s hesitation.
RSI hovering near lows, momentum still pointing down. Lower highs + heavy sell candles = sellers in control.
If this demand flips to supply, next leg down opens fast. Reclaim and hold above the zone, or prepare for deeper discounts.
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$BTC
Weekly structure is cracking.
Price tapped into prior demand (mid-$60K zone) and reaction is weak — no aggressive bid, just a shallow bounce. That’s not strength, that’s hesitation.
RSI hovering near lows, momentum still pointing down.
Lower highs + heavy sell candles = sellers in control.
If this demand flips to supply, next leg down opens fast.
Reclaim and hold above the zone, or prepare for deeper discounts.
Patience. Let the market show its hand.
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