#Bitcoin β Higher Time Frame AnalysisBitcoin / U.S. dollarBITSTAMP:BTCUSDKTechnicalLevelsπ #Bitcoin β Higher Time Frame Analysis πΉ The Recovery: Bitcoin has shown a strong recovery from the lower support area around $60Kβ$57K. π πΉ The Ceiling: But price keeps facing strong, consecutive rejections from the $65Kβ$67K supply zone. That zone remains the wall. π§± βββββββββββββββββββ π Two Scenarios Ahead: π΄ Scenario 1 β One More Rejection: Price retests the $65Kβ$67K supply zone and faces solid rejection once again β range continues. π’ Scenario 2 β The Breakout: This zone has already been tested 2β3 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 4β5% move up in Bitcoin. β‘ βββββββββββββββββββ β οΈ The Downside Risk: The $60Kβ$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 10β20% correction, with the next major support sitting far below at $45Kβ$38K. π βββββββββββββββββββ π Summary: Rejection at $65Kβ$67K = range continues | Daily close above $67K = 4β5% upside | Weekly close below $57K = 10β20% correction towards $45Kβ$38K Let the levels decide. No trigger = no trade. π