On the daily chart, #BTC is currently consolidating. However, I'm anticipating a move down to mitigate or retest a broken zone below. Any upward move at this point seems like a fakeout in the long term unless BTC can close above $63,500, which would break the structure by creating a higher high. On lower timeframes, there are likely temporary short and long entry opportunities for quick profits. Keep an eye on these short-term setups while waiting for a decisive move on the daily chart.
