Biyond Daily: Now Holding Support
đ BTC struggling to maintain Friday's momentum due to Israel-Lebanon tensions.
đą Double rejection at $65K suggests possible $62.8K retest this week.
â ïž Heavy liquidations possible down to $62.2K - technically concerning.
đ Positive signs: Global BTC ETF net flows turning positive, slowing GBTC outflows.
đ° FTX's $12.7B Q4 cash redistribution could boost crypto.
đïž Seasonal factors: October historically strong for BTC, pre-election positivity possible.
đ Demark indicator: Daily closes above $64K could signal moves to $69K, then $78K.
đ Key level: $63.5K. Closes above $64K may continue upward squeeze, trapping bears.
What's your take on these market dynamics? Will BTC hold support or retest lower levels?
