Max Trades
Max Trades|6月 07, 2026 11:02
BTC After four months, price has finally filled the capitulation wick at $60k. During that move, we saw price briefly wick below $60k to take out the remaining liquidity that was sitting underneath, followed by a bounce and acceptance back above. The key level to watch from here is the $64k-$66k zone. This area acted as major support throughout the previous range and could now turn into resistance during a potential bearish retest. In case of a rejection, price will most likely revisit $60k quickly. Should bearish momentum remain strong enough afterwards, there is a decent chance of a continuation lower towards our next key support level at $54k. If BTC, on the other hand, manages to reclaim this zone, we should at least see a continuation towards $68k before price potentially forms a lower high. Either way, I don't believe this correction is over yet. I still think there is more downside left before BTC eventually forms its bottom.(Max Trades)
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