BTC UPDATE:
BTC is bearish on the higher timeframe and could possibly continue its bearish trend. However, currently, BTC has taken liquidity from a wick and gave a little move then failed it, so now BTC needs a good high-probability selling point of interest (POI) from where we can expect a sell-off. Currently, there are two POIs where BTC sell positions can be executed.
1: The first is an Order Flow between (63140 - 64100). If BTC enters this zone, we can expect a sell-off towards its recent low (59800).
2: There is an extreme Order Block, which is a high-probability OB. If BTC reaches there, there is a higher chance of a significant drop, which could form a good selling setup.
RANGE:
On the 1-hour timeframe, BTC is trading within a range of (59800 - 66440). If BTC breaks 59.8k, the bearish trend will likely continue, but if it breaks 66440, we could see buying opportunities.
