$BTC
Heavy range compression right now, shaping up to be an interesting week ahead.
Here are the key price based levels I’m watching on the Weekly TF:
The first major barrier is the monthly open around 66.9K. If price fails to reclaim and hold this level, it likely keeps us in bearish territory, with potential for a 65K sweep and possibly a move toward 60K.
However, if bulls manage to flip and hold above 67.6K, it could trigger a significant squeeze, opening the door for a move into the 68.8K–70K range.
Keep it simple.
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