BTC currently consolidating below Resistance, possible sell off

Current consolidation below R.zone.

What to expect?

1) A possible break-out of the consolidation with a STRONG BEARISH Candle; if this happens, we are selling to the S.zone at 59411.


2) A possible break-out of the consolidation with a STRONG BULLISH Candle; if this happens, we are buying to the 63731 and a possible retest of 62954. if the price level holds strongly then a continuation to 66k.

Comment:

In my VIP channel, we have identified a support at the price level 61516 which we did a quick buying temporarily, a break below 61516 with clear and strong momentum we will continue to the support mentioned in the earlier target.

Comment:

Bitcoin has been playing out as expected!

Trade closed: target reached:

Target achieved! We killed it.