Max Trades|Aug 04, 2026 09:56
BTC
The previous high has successfully been taken out.
In one of my posts yesterday, I mentioned that we were likely to see a sweep of $63.7K before another continuation lower.
Price has now swept that high and retraced into the Golden Pocket of the recent move lower, where we are currently seeing a small rejection.
As long as BTC continues respecting the bearish structure and doesn't break back above $65.3K, my main target remains the $61K area.
But from what it looks like right now, we might see a continuation lower from here.(Max Trades)
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