#Bitcoin β€” Higher Time Frame Analysis

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#Bitcoin β€” Higher Time Frame AnalysisBitcoin / U.S. dollarBITSTAMP:BTCUSDKTechnicalLevelsπŸ“Š #Bitcoin β€” Higher Time Frame Analysis πŸ”Ή The Recovery: Bitcoin has shown a strong recovery from the lower support area around $60K–$57K. πŸ“ˆ πŸ”Ή The Ceiling: But price keeps facing strong, consecutive rejections from the $65K–$67K supply zone. That zone remains the wall. 🧱 ━━━━━━━━━━━━━━━━━━━ πŸ“ Two Scenarios Ahead: πŸ”΄ Scenario 1 β€” One More Rejection: Price retests the $65K–$67K supply zone and faces solid rejection once again β†’ range continues. 🟒 Scenario 2 β€” The Breakout: This zone has already been tested 2–3 times β€” and every retest weakens a supply zone. If price finally breaks through and gives us a bullish daily candle close above the $67K resistance β†’ we may expect a sharp 4–5% move up in Bitcoin. ⚑ ━━━━━━━━━━━━━━━━━━━ ⚠️ The Downside Risk: The $60K–$57K zone is what's holding Bitcoin up right now. If this area breaks with a WEEKLY bearish close below $57K β†’ expect a strong free fall, a potential 10–20% correction, with the next major support sitting far below at $45K–$38K. πŸ“‰ ━━━━━━━━━━━━━━━━━━━ πŸ”‘ Summary: Rejection at $65K–$67K = range continues | Daily close above $67K = 4–5% upside | Weekly close below $57K = 10–20% correction towards $45K–$38K Let the levels decide. No trigger = no trade. πŸ“Š