Bitcoin Coils Under Resistance — Breakout or Breakdown Ahead?

Wait 5 sec.

Bitcoin Coils Under Resistance — Breakout or Breakdown Ahead? Bitcoin / US DollarCOINBASE:BTCUSDFrankAgboBTC builds HLs above stacked bullish OBs. Break of 65,360 targets 66,432. Buy limit at demand. 🟢 BUY LIMIT 📍 Entry: 64,093 🛑 Stop Loss: 63,380 🎯 Take Profit: 66,432 📊 Risk:Reward: 1:3 Price is compressing into a tight range between stacked bullish order blocks below and a bearish OB overhead at 65,157–65,705. The market keeps printing higher lows (HL), signaling accumulation as smart money defends demand. The 60-min tape shows three bullish OBs stacked from 62,210 up to 64,362, with a fresh FVG at 64,377–64,552 acting as the first demand magnet. A sweep of the EQL liquidity at 64,093 would offer the cleanest entry before continuation. A decisive break of the 65,360 resistance confirms a bullish BOS, opening 66,432 and beyond. Watch for the bearish OB at 65,157–65,705 to be mitigated on the way up. Invalidation: a daily close below 63,380 breaks the bullish structure and flips the bias. Risk management: keep position size small, honor the stop, and trail once price clears 65,360. Always wait for confirmation and manage your risk accordingly.