- Support: $62,000
- Resistance: $65,650
- Direction: Neutral-Bearish
- Upside Target: $70,500
- Downside Target: $59,800 (followed by $57,300)
my base case remains a retest of $59.8K, with the possibility of $57.3K if pressure accelerates.
https://x.com/xbriansumner/status/2026384078266855708?s=46&t=G7t6_rFCHcYnjcc6epRkAA
- Resistance: $65,650
- Direction: Neutral-Bearish
- Upside Target: $70,500
- Downside Target: $59,800 (followed by $57,300)
my base case remains a retest of $59.8K, with the possibility of $57.3K if pressure accelerates.
https://x.com/xbriansumner/status/2026384078266855708?s=46&t=G7t6_rFCHcYnjcc6epRkAA
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BTC TA:
- Support: $65,650
- Resistance: $70,500
- Direction: Neutral (pivot at $65,650)
- Upside Target: $73,800
- Downside Target: $59,800 & $57,300
The reclaim of $65,650 changes short-term tone. i'm no longer leaning actively bearish unless that level fails again on a daily close. However, higher-timeframe structure has not flipped bullish either.
$62,800 is the real inflection. A break and deviation below that puts in a potential bullish divergence on BTC whereas a clean break below that opens acceleration toward the mid-high $50Ks.
Conversely, continued defence above $65,650 increases probability of liquidity sweeps toward $70.5-$73.8K before any deeper structural decision. For now, neutrality with clear triggers remains the stance.
https://x.com/xbriansumner/status/2028894277993152745?s=46&t=G7t6_rFCHcYnjcc6epRkAA
- Support: $65,650
- Resistance: $70,500
- Direction: Neutral (pivot at $65,650)
- Upside Target: $73,800
- Downside Target: $59,800 & $57,300
The reclaim of $65,650 changes short-term tone. i'm no longer leaning actively bearish unless that level fails again on a daily close. However, higher-timeframe structure has not flipped bullish either.
$62,800 is the real inflection. A break and deviation below that puts in a potential bullish divergence on BTC whereas a clean break below that opens acceleration toward the mid-high $50Ks.
Conversely, continued defence above $65,650 increases probability of liquidity sweeps toward $70.5-$73.8K before any deeper structural decision. For now, neutrality with clear triggers remains the stance.
https://x.com/xbriansumner/status/2028894277993152745?s=46&t=G7t6_rFCHcYnjcc6epRkAA
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https://x.com/xbriansumner/status/2029634379614752800?s=46&t=G7t6_rFCHcYnjcc6epRkAA
Our view remains the same that we expect BTC to bottom between $50K - $60K in the coming months
Our view remains the same that we expect BTC to bottom between $50K - $60K in the coming months
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