Max Trades|Jul 07, 2026 21:56
BTC
It’s not the time to flip bullish yet.
After the recent reclaim of the $60.5k-$61k level, price quickly retraced back into that area followed by a strong bounce, leaving behind a large bottom wick.
Now price is testing the Golden Pocket of the current downtrend while showing signs of exhaustion.
So far structure remains bearish across mid to high timeframes, which is why I’m not flipping bullish quite yet.
First, I would like to see price fill that wick around $61.3k and establish a proper low.
If that support holds, I think another bounce followed by a break of structure becomes a realistic scenario.(Max Trades)
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