$NREDF news flow has been strong lately. Wilmac, MetalCore, and now Kristi L. Noem -the company keeps adding substance to the narrative.
#TheFive#UFCWhiteHouse250 $RGNT $SPCH
$BTC is trying to break above the $64,000 level here.
A clear breakout above the $64,000-$65,000 zone could push Bitcoin towards $68,000.
A rejection means BTC will retest the $61,000 support zone again.
$BTC is trying to break above the $64,000-$65,000 level but has failed so far.
A successful reclaim of this zone could push Bitcoin towards $68,000.
A rejection will increase chances of sweeping lows around $60,000.
$BTC has decent liquidity clusters to both upside and downside.
On the upside, Bitcoin has short-side liquidity around $64,000-$66,500.
On the downside, BTC has long-side liquidity around $58,000-$60,000.
Even after so much downtrend, fresh longs are still entering.
$BTC is trying to break above the $65,000 level but failed.
If Bitcoin reclaims this zone, a rally towards $68,000 could happen next.
Otherwise, BTC will drop towards $60,000 again.
The older I get, the more I appreciate simple strategies.
Less complexity, fewer mistakes, clearer decisions.
There is something powerful about keeping things simple.
$BTC almost tapped the $61,000 level.
Even the $65,000 support zone didn't hold, which shows the intense selling.
Now, Bitcoin may consolidate here before eventually nuking to new lows.