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.
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#BuyTheDipOrWaitNow? #CanBitcoinReclaim$70K? #DeepCreationCamp #JaneStreet10AMSellOff #JaneStreet10AMSellOff 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.