bitcoin:native Have a great weekend everyone. Make sure to switch off and enjoy it! A quick higher-timeframe outlook, as price has been following our projections very well lately. My main bias remains unchanged until proven otherwise. I still expect at least a rotation toward the local range lows around $61.5K, so my focus remains on continuation shorts until those lows are cleared or price starts showing very clean accumulative behavior. This local range sits within a much larger range. Once the internal range lows are taken, I will start looking for reasons to shift my attention back toward longs. The first bullish scenario would be a range-low deviation and reclaim, similar to the range-high deviation we saw last week. However, if price accepts below the local range instead, there are also clear reasons for a deeper rotation into the $58K to $60K region. Overall, the outlook is clean and the key levels are well defined. I’m looking forward to extracting as much as possible from these ranges over the coming weeks.
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