$BTC After sweeping the low at $60.7k, price pushed higher into a local resistance level.

 $BTC


After sweeping the low at $60.7k, price pushed higher into a local resistance level.


This was followed by a short-term pullback before buyers stepped back in once again, pushing price back into that area.


BTC has now printed both a higher low and a higher high, flipping short-term structure bullish.


If we get a confirmed close above $62.9k, a sweep of the equal highs at $64.3k becomes increasingly likely.


In case of another rejection, however, focus shifts back towards the $60.6k-$61.1k region, where price has bounced several times over the past two days. 

Considering both market structure and liquidity, I currently favor a sweep of the equal highs before we see a potential reversal.




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