BTC Lost The Range Floor. Down To 63,006.Bitcoin / US DollarCOINBASE:BTCUSDvirDeStateraBTC Lost The Range Floor. Down To 63,006. Speaking back to Monday, since we skipped the evening: the call was that a loss of 64,400 puts the floor back in play. That is what happened, and then some. BTC broke the entire 64,400 to 65,890 range down, sold to 63,006, and is trading 63,428 after sweeping a low. The week-long range resolved lower. The hourly conviction is trying to turn back up off that swept low and the 4H still carries a bullish thesis, but price is now below every level it spent the week defending. A range breakdown hunting for a floor. Neutral. Resistance: 63,796.21 - first level to reclaim Key resistance: 64,400.89 - the lost range floor Current price: 63,428 Support: 63,006.14 - the swept low Key support: 62,459.75 - the prior range shelf Structural floor: 61,453.09 - deeper support Two paths from here: The swept low holds and it bounces back to the range. A low swept below 63,006 with the hourly conviction turning up is a bounce setup. A reclaim of 63,796 and then 64,400 would make the breakdown a shakeout and put price back in the range. Watch for the reclaim, not the wick. The breakdown extends. Price is below every defended level with the daily bearish. A loss of 63,006 opens 62,459 and confirms the range break as a genuine trend change. Below the swept low, there is room. The floor gave and BTC is now hunting for support beneath the range it held all week. 63,006 is the swept low to watch - hold and bounce, or lose it and the breakdown runs. Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS Study, not financial advice.