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BTC: 67,000-67,420 box, next levels 68,112 and 66,609

by Swiftedge · 10 min ago
◆ NeutralBTC · 15mprice 67,202 when posted
BTC: 67,000-67,420 box, next levels 68,112 and 66,609: BTC chart on the live order book
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London open (3:00 AM ET · 08:00 UTC): C setup, a quiet session (no tight pre-market, no scheduled release and no large liquidations close by). The map below still applies. The opening range was 67,128-67,305; price closed below it at 3:34 AM ET (08:34 UTC) and back through its middle at 4:12 AM ET (09:12 UTC).

BTC trades at 67,202, between a ceiling at 67,420 and a floor at 67,000. The day has used 81% of its average range so far.

Ceiling 67,420: today's value area high and yesterday's low.
Floor 67,000: a large resting order wall.

Above 67,420 the next level is 68,112 (the TP2 level from the 09:00 open). Below 67,000 the map points to 66,609 (the S1 pivot and the TP1 level from the 09:00 open). The move to 68,112 would go beyond today's average range.

Context: 15m down, 1h down, 4h down, daily down; funding 0.004% per 8h; long/short accounts 0.69; more shorts than longs on the liquidation map (1.02B vs 708M).

What changes the map: a 15m close back under the 09:00 open at 67,128, or the 67,000 wall being pulled instead of filled.

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