Max Trades
Max Trades|Aug 11, 2026 17:30
BTC If there’s going to be a bounce, it’s here. Price is currently retesting an absolute key support level, which needs to hold if bulls want to keep this rally intact. The grey zone lines up with last week’s open as well as the Fibonacci Golden Pocket of the recent upmove, which makes it a strong area for a potential bounce. If price respects this level and we see another bounce, it will be key to see how BTC reacts once it reaches the previous rejection area around $65.4K. In case of a break below, on the other hand, we will very likely retest the highly anticipated $61K–$62K area and clear the remaining downside liquidity. Right now, however, a few indicators suggest that we could possibly go even lower, so unless buyers recover quickly, we could see an even larger pullback.(Max Trades)
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